The Bacs system is a safe and ultra-secure method of payment;
Much less time consuming than making individual bank transfers or writing out cheques.
Payments by BACS are cheaper that payments made by cash or cheque;
You immediately know with confidence that all payments have been made.
The Payroll agency Limited as an approved BACS bureau and we operate to the highest standards which is a requirement of the BACS approval.
Over half of the organisations using the Bacs service make their payment submissions through one of the approved bureaux rather than submitting directly to Bacs. Bacs audit reviews the systems of the bureaux to ensure they meet the standards set by the scheme on a frequent basis.
Bacs Direct Credit (also known as “bank transfer”) is a secure service enabling organisations to make payments directly into another bank or building society account.
It's typically used for making regular payments such as salaries, pensions, state benefits and tax credits (almost 90% of the UK workforce are paid using Bacs Direct Credit).
Our BACS capabilities allow us to support additional features including payments of your PAYE liabilities and also payments to third parties such as Attachment of Earnings, pensions payments or student loan repayments.
As a Bacs Approved Payroll Bureau we are bound by strict inspection and audit processes and this status enable us to offer the following advantages compare to the traditional methods of payment:
As an approved Bacs bureau we have to undergo rigorous inspection to be accepted into the scheme and then have to undergo regular audits to maintain our approved status.