From its establishment in 1985, the core role of APACS was to manage the principal UK payment clearing systems through the three separate clearing companies — Bacs, CHAPS and Cheque and Credit — and to maintain and enhance their operational efficiency and continued integrity. To find out more about the work of these clearing companies, click on the links below.

Other payment schemes operating in the UK are Visa, MasterCard, LINK, and SWITCH Maestro.