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Bacs Direct Debit and Direct Debit Scheme Rules Update

Published on: 26/03/13

The latest versions of the Bacs Direct Debit and Direct Credit Scheme rules are now available from Bacs. For the first time, the latest versions of the Scheme rules are available exclusively on the brand new Bacs password protected microsites.  This gives registered users the ability to navigate easily to the sections they need to view. The latest updates remain available to…Read Full Article

Bank Holiday Processing Dates

Published on: 26/03/13

Bank Holiday Processing DatesWith the Easter Bank Holiday upon us make sure your supplers and payroll is submitted on time.  Below are the Bacs Processing dates for the Easter Holidays: For a full Bacs processing calendar click here

Updates for BAWE and Quickpay

Published on: 20/03/13

We have been busy working on making your life easier with some great new features to the Quickpay facility including: Quickpay New Features:-       Greater Control - Two new fields have been added to offer more control over Contra Narrative records. This allows you to set the Contra Narrative for each Quickpay submission, allowing you to easily identify your submissions on your Bank…Read Full Article

Bacs Processing Calendar

Published on: 01/01/13

Bacs Processing CalendarKnowing your Processing dates in advance will help you to ensure payments are made on time.  Click here to download the 2013 Bacs Processing Calendar.

Direct Debit Scheme Rules Update

Published on: 11/12/12

Below are the latest updates to the Direct Debit Scheme Rules:Service User Amendments:Section 2.1 The requirement for a service user to have a registered address in the UK has been removedSection 11.5Changes to the DDIC exceptions process. Claims for £100,000 and above now go directly to the sponsoring bankSection 16.7/8‘Mandatory layout of confirmation letter’ has been changed to ‘Suggested layout of…Read Full Article

Fundtech and BCSIS Establish Distribution and Delivery Alliance in Asia-Pacific

Published on: 31/10/12

BCSIS becomes a center of excellence for Fundtech’s Global PAYplus Sibos, Osaka, Japan, October 31th, 2012 - Fundtech, a market leader in global transaction banking solutions, today announced that it has signed a teaming agreement with BCS Information Systems (BCSIS), a Singapore-based financial solution provider. Under the agreement BCSIS will promote, implement and be a center of excellence for Fundtech’s Global…Read Full Article

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