Bacs Payment Schemes Limited (Bacs), formerly known as Bankers' Automated
Clearing Services, is the organisation with responsibility for the schemes behind
Direct Debit; Bacs Direct Credit; Faster Payments; CHAPS ... making payments in
the UK as the Direct Debit Guarantee means that customers are protected from ...
Bacs definition at Dictionary.com, a free online dictionary with pronunciation,
synonyms and translation. Look it up now!
(Banking & Finance) Bankers' Automated Clearing System; a method of making
payments direct to a creditor's bank without using a cheque. Collins English ...
Definition of Banks Automated Clearing System (BACS): UK's electronic-banking
system that, among other business-to-business transactions, allow automated ...
BACS | Bankers' Automated Clearing System; a method of making payments
direct to a creditor's bank without using a cheque | Definition, pronunciation, ...
This Internet Slang page is designed to explain what the meaning of BACS is.
The slang word / acronym / abbreviation BACS means... . Internet Slang. A list of
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BACS Bank Automated Clearing System. A debit and credit system used to make
direct transfers to/from clients accounts.
To ensure that BABs operate to the highest standards, BACS carries out regular
inspections of approved bureaux who must undergo and pass an inspection ...