FAQ's Page

What is Direct Debit?
- Direct debit is the easiest way for any business to collect regular and occasional payments from their customers and are easy to set up and maintain. Funds collected are cleared by BACS and are credited directly into a business' bank account. more

What is the Direct Debit Scheme?
- BACS Payments Schemes Ltd. operates the UK's direct debit Scheme. The Scheme, is a set of rules governing the collection of direct debits on behalf of its "Members". more

What is Direct Credit?
- Direct credit is an easy and reliable method for an organisation of any size to make electronic payments directly into a Bank or Building Society account. more

What is BACS?
- BACS was formed in 1968 as the Bankers Automated Clearing Services for the electronic transfer of funds between banks at a time when paper transactions were the norm. more

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