Bacs Direct Credit

A Direct Credit enables large and small organisations to make payments by electronic transfer directly into bank or building society accounts.

Direct Credit is mainly used for paying wages and salaries - over 70% of the UK workforce is paid via Direct Credit. In total, Direct Credit is used to pay over four million wages every week and nearly 20 million salaries a month.

Direct Credit can also be used for a wide variety of other payments. Over 150,000 organisations use Direct Credit for supplier payments, pensions, employee expenses, insurance settlements, dividends and refunds.