How Long Do BACS Payments Take To Process

Accountancy Resources

How Long Do BACS Payments Take To Process


Quick Summary


Both Bacs Direct Credit and Direct Debit payments work on a three day cycle, taking three working days to clear. Payments are submitted to BACS on the first day, processed by the banks on the second day, and simultaneously taken from the sender account and credited to the recipient account on the third day.



Both Bacs Direct Credit and Direct Debit payments work on a three day cycle, taking three working days to clear. Payments are submitted to BACS on the first day, processed by the banks on the second day, and simultaneously taken from the sender account and credited to the recipient account on the third day.


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