Read our latest newsletter, blogs, articles and opinions about all the issues within the world of Direct Debit and Direct Credit.
Bacs Over the Christmas holidays, I purchased a gift of a magazine subscription for a family member. It was gratefully received and we were both happy. Afterwards, however, when I received a confirmation letter with details of my Direct Debit payment schedule, I...
Not one organisation is compliant with the Direct Debit scheme rules! From where I sit this is a statistical fact. I haven’t carried out a Direct Debit Audit for every organisation in the UK but out of the 500+ companies I have worked with, 500+ are failing to...
Are you processing Direct Debits without being up to date with the Bacs scheme rules? Have you reviewed your Data Recovery Plan? Have you explored a relationship with a Bureau? If you answered no to any of these questions then ask yourself can your company risk the...
Ensuring that you get your Direct Debit files to Bacs as scheduled is essential for any collecting organisation. Failure to do so will mean missed collections, restricted cash-flow and (potentially) unhappy customers! Indirect submitters can rely to some extent on...
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