Direct Credit Resource Centre

In order to operate a smooth, efficient and error-free Direct Credit system it is important to understand how Direct Credits operate and what your responsibilities are as an organisation.  The following pages contain an overview of Direct Credits to help you manage your processes.

Box Icon Direct Credit Introduction

Direct Credit Introduction

This section covers:
What is a Direct Credit?
About Bacs
Important Terms
The Benefits of Direct Credit

Box Icon The Direct Credit Process

The Direct Credit Process

This section covers:
The Bacs Cycle
Transaction Codes
Indirect vs Direct Submission

Box Icon Bacs Reports

Bacs Reports

This section covers the different types of Bacs Credit reports including:


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Latest News & Articles

Christmas and New Year 2022 – Bacs Processing Dates

December 13 2022

Christmas is once again nearly upon us, and as we approach the busy festive season now is a great time to think ahead so you can relax and enjoy the festivities knowing that business is all in order.With banks closed on December 24th, 25th, 26th, 27th, and...

September Bank Holiday Bacs Processing Dates

September 12 2022

With the announcement of the Bank Holiday on Monday 19th September, we want to update you on how this impacts the Bacs processing dates. As you have informed the payer, and you cannot collect earlier within scheme rules, any payments due to be collected on...

Easter 2022 Bacs Processing Dates

March 24 2022

Ensure you're prepared for the Easter Bank Holiday by planning ahead with your Bacs submissions to allow for Bacs Bank Holiday processing dates. Bacs processing works on a 3-day cycle: Day 1: Input Day          →         Day 2: Processing...

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