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British banking

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nannypearce | 21:50 Wed 20th Sep 2006 | Business & Finance
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Which banking system is used extensively by british government departments.
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Avatar Image Dassie
I think it's BACS but it must be very inefficient as the Govt. sure loses and wastes a lot of taxpayers money !
18:44 Thu 21st Sep 2006
Avatar Image Misty77
Well I know they used to use Barclays, although unsure if they still do. BACS isn't bad way of making payments and as far as I know its free, compared to using CHAPS which carries a charge. I don't think blaming the BACS system will account for the massive tax gap, and the fact that benefit frauds and tax cheats con the Govt out of millions of pounds a year !
12:46 Tue 26th Sep 2006
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13:34 Fri 29th Sep 2006

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British banking

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