BACS definition

BACS means the Banks Automated Clearing System;
BACS means the Bankers’ Automated Clearing Services, which is a scheme for the electronic processing of financial transactions within the United Kingdom;
BACS means the Bankers' Automated Clearing System as amended or supplemented from time to time or any scheme replacing the same;

Examples of BACS in a sentence

  • Balance payment is required 1 month prior to your wedding via BACS or card we regret to inform cash is not accept- ed.


More Definitions of BACS

BACS means the Bankers Automated Clearing System which is an automated method for making many types of corporate payments and collections.
BACS means the Bacs payment scheme used by UK Banks for the electronic processing of f inancial transactions, principally Direct Debits and Bacs direct credits;
BACS means Bacs Limited or, as the context may require, Bacs Payment Schemes Limited, and includes any entity which succeeds in whole or in part to the rights, obligations, functions and responsibilities ascribed to or contemplated as applicable to Bacs Limited or Bacs Payment Schemes Limited (as the case may be);
BACS means the Bankers Automated Clearing Service;
BACS means BACS Ltd (formerly known as Bankers‟ Automated Clearing Services);
BACS means Bankers Automated Clearing Service;
BACS means the Bankers Automated Clearing System – an electronic system which allows payments and transfers of money.