7 docs tagged with "bacs"

Bacs is the UK payment scheme behind Direct Credits and Direct Debits. Griffin supports Bacs payments so your customers can pay their bills or receive credits. To send money, use Faster Payments.

Credit Payment Recovery (CPR) is an industry procedure to bring consistency in the recovery method for Faster Payments (FPS) and settled Bacs payments (the Bacs recall pre-settlement process remains unchanged).

This guide will walk you through what happens when an organisation collects a Direct Debit from one of your accounts, and what you see over the API at each step. Payment processing is a multi-step process which requires interacting with several resource types. Learn about payments, transactions, submissions and admissions here

This guide will walk you through working with Direct Debit mandates on your accounts: listing them, fetching one, cancelling one, and handling the cases where an expected mandate never appears. For the concepts behind mandates and the parties involved, see Direct Debits on Griffin accounts.

A Direct Debit lets an organisation collect money from a bank account with the account holder's ongoing authority, the standard UK mechanism for bills, subscriptions, and repayments. On Griffin, Direct Debits work in one direction: organisations your customers have authorised can collect from Griffin accounts. You cannot use Griffin to collect Direct Debits from accounts at other banks; see the Bacs overview for what is and isn't supported.

Given the large volumes of payments that flow each day it is natural that errors occur. See below for various scenarios and how you should manage them.

This guide will walk you through receiving a payment to one of your accounts. Payment processing is a multi-step process which requires interacting with several resource types. Learn about payments, transactions, submissions and admissions here