APACS - the UK payments association

Automated payments

What are the benefits of direct credit?

Prompt payment - money will arrive in your account the day it is expected.

Cleared funds on arrival - unlike cheques, funds paid by direct credit can be used straight away, on the day they arrive.

Easier and saves times and effort - if you are busy, unwell or away on holiday, you can relax, knowing that your money is paid straight into your account. You no longer have to take or send cheques to your bank or building society.

Safer and more secure - unlike cash or cheques, direct credit payments cannot be lost, stolen or delayed in the post. Your money arrives automatically into your bank or building society account



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Related site link

Bacs More information on Bacs.

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