A Direct Credit is a simple, secure and reliable service, which enables large and small organisations to make payments by electronic transfer directly into bank or building society accounts.

Direct Credit is mainly used for paying wages and salaries - in fact over 70% of the UK workforce is paid via Direct Credit. In total, Direct Credit is used to pay over four million wages every week and nearly 20 million salaries a month.

Direct Credit can also be used for a wide variety of other applications. Over 150,000 organisations use Direct Credit for supplier payments, pensions, employee expenses, insurance settlements, dividends and refunds.

For information on the benefits of Direct Credit and how it works click here.