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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.
Please note, our Tariffs are changing with effect from the 19th June 2018. Please see below for further information
|BACS Automated Payments Tariff||Current charge||New Charge|
|BACS File Charge||£5.00||£3.00|
|BACS Item Charge||6p||14p|