UK Accounting Glossary
VocaLink is the company that owns and operates the infrastructure for the UK’s national bank payments. They work closely with both BACS, the automated payment scheme utilised by British banks, and LINK, which manages the UK’s network of nationwide cash machines.
Vocalink designs, builds and operates the UK payments infrastructure, which underpins the provision of the BACS payment system, the Direct Debit system, the UK ATM LINK switching platform and the UK Faster Payments systems.
VocaLink operates its services out of two UK data centres which are based in Harrogate and Dunstable.
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This glossary post was last updated: 29th January 2019.