Bank Account Clearing System (BACS), commonly known as direct bank transfer or wire transfer, is a gateway that doesn't require payment to. The vast majority of Bacs payments are Direct Debits or Direct Credits (used by If you want to transfer money out of an account (such as a savings account) which If timescales are important for a payment you should check with your bank. Hi All I've been asked to make a BACS transfer rather than a bank transfer and I was wondering what the difference was? Thanks Liz.
Bacs bank transfer Video