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Bacs 50th Anniversary Statistics

As Bacs celebrates its 50th Anniversary this month, they share some key statistics processing direct debits and direct credits over half a century! Bacs 50th anniversary statistics Bacs launched in April 1968, known originally as the Inter Bank Computer Bureau Direct…

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Half a century of Bacs Payments!

A household name that launched before man walked on the moon, when mobile communicators only existed on sci-fi shows, and as Apple’s Steve Jobs was just entering his teens, marks its 50th anniversary this month. Bacs Payment Schemes Limited (Bacs), the…

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Bacs Easter Processing Dates 2018

With Easter dates changing each year, its sometimes hard to keep track of when those extra bank holidays fall! When processing your Direct Debits or Direct Credits, it’s vital you plan for the extra non-processing days over Easter. Bacs has sent a helpful…

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Bacs processing dates for Christmas 2017

With just under a month to go until Christmas and thoughts about presents and turkeys, don’t forget to think about Bacs processing dates over the festive period, and make sure you submit your files as early as you can! Payment arrival…

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Bacs Easter Processing Dates 2017

With Easter just around there corner, it is Important to be aware of the Bacs Easter processing dates to make sure your Direct Debit or Direct Credit files are submitted correctly. At Rapidata we will ensure all our Direct Debit…

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A Record Breaking Year for Bacs

*Payments worth almost £5 trillion in 2016* **6.22 billion transactions across the year** ***109 million transactions in just one day*** Almost six and a quarter billion payments worth a total of £4.8 trillion were processed by Bacs Payment Schemes Limited…

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Christmas Direct Debit Non-Processing Days

We recently published a blog referencing our opening hours over the Christmas and New Year period but wanted to remind you of the additional Bacs non-processing days for your Direct Debit and/or Direct Credit files. If you have any questions or…

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Bacs Processing Calendar 2017 now available to download

Now summer is over, are you thinking towards 2017? Bacs has now released the Bacs Processing Calendar 2017 to help plan the setup and processing of Direct Debits for next year. Download the Bacs Processing Calendar 2017 by clicking here This…

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NEWS: Direct Debit Cancellations at All-Time Low

Rapidata’s Charity Direct Debit Tracking Report 2016 available for FREE DOWNLOAD “Despite the fundraising crisis last year, donors did not respond by cancelling their regular gifts in their droves. This is exactly the kind of evidence we should be using…

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Time is ticking to get Bacs TLS compliant.

Monday 13th June 2016 is the deadline that you MUST comply with the new security update to be able to communicate to Bacs. If you have not upgraded your systems by this date, you will not be able to transmit to…

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Bacs rates Rapidata as ‘EXCELLENT’

We’ve been well and truly scrutinised… by visiting Bacs officials for Rapidata’s triennial Bacs Bureau Inspection. After 19 years of processing Direct Debits, we were confident that our processing was second to none but today we had it confirmed that…

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“Rapidata made the process of moving Direct Debit bureau very easy for us and offer a much better, transparent and cost-effective service than our previous supplier.”

Emily Allen, marketing manager (appeals and legacies) The Institute of Cancer Research