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BACS
(redirected from Bankers Automated Clearing Services)

   Also found in: Wikipedia 0.01 sec.
BACS [bæks]
n acronym for
(Economics, Accounting & Finance / Banking & Finance) Bankers Automated Clearing System; a method of making payments direct to a creditor's bank without using a cheque


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Technical problems hit the Bankers Automated Clearing Services on Tuesday night.
The addition of PayBase expands the payment breadth of the i-Point platform, which already includes the Bankers Automated Clearing Services (BACS) standard for electronic payments.
Bank of France, German Parliament, Bankers Automated Clearing Services (BACS), and the UK Ministry of Health.
 
 
 
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