How Long Do BACS Payments Take To Process

Accountancy Resources



How Long Do BACS Payments Take To Process

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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Federico Schiocchet 25 feb, 2015

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Vaky Yo 25 feb, 2015

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