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

• Bank details may be retained for the purposes of refunds and claims payments that may be made by BACS (Bankers Automated Clearing System).

• All BACS payments must be accompanied by a remittance advice notice sent by email to xxxx@xxxxxx.xxx.xx.

• The Hirer undertakes to pay the balance of the Hiring Fee to make up full payment, not later than 28 days before the event by BACS to: Marwood Community Hall: Sort Code: 60-02-03 Account Number: 00000000 Signed: Date: The HIRER named above Signed: Date: Authorised Representative: on behalf of Marwood Community Hall Email: xxxxxxx.xxxxxxxxxxx@xxxxx.xxx (IF THE SCHOOL GROUNDS ARE TO BE USED) Signed: Date: On behalf of Marwood School Appendix A – End of Hire Agreement.

• All payments shall be made by direct debit mandate or standing order mandate, CHAPS transfer, BACS transfer or other electronic or telegraphic transfer to a London clearing bank or such other financial institution as may be approved by the party entitled to the payment, such approval not to be unreasonably withheld or delayed.

• Please make remittances payable to DBS Disclosure Services Limited and quote your client reference number if paying by BACS transfer.

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 data supplied by the Authority to the Supplier and for the purposes of or in connection with this Framework Agreement; means the Banks Automated Clearing System;