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When you want to ensure that a supplier or employee is paid promptly or would like funds to be credited to your business account(s), one of the most efficient and cost-effective methods of payment and collection is via an electronic payment system. At the Co-operative Bank we offer Bulk BACS (Bankers Automated Clearing Services), Faster Payments and CHAPS (Clearing House Automated Payment System) to enable the direct transfer of money between bank accounts.
This is a charged service, for details of the charges see the BACS Automated Payments Tariff (PDF)
How we use your personal information (PDF)
Before you apply, please ensure you meet with our eligibility criteria.