Business & Finance

bacs

How does BACs work? and how long does it take for the funds to be showing in my account, particularly when the Company in question paid the funds in on Wednesday 7th May by BACs. Thank you

Businesslady Fri 09/05/08 11:38

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missspeedy23
Fri 09/05/08
11:44

BACS takes 2 days to clear but it all depends on what they set their processing date as. Something sent on Weds with the processing date as Thurs should be in your ac today.
Jo
x

auzzie
Sun 11/05/08
15:07

Some company's call their payments "BACS" when in fact they are internet banking. If this is the case it will take 3 to 4 days clearance.

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