Bacs Updates
Upcoming Bacs Changes
DDICA Reports - Deadline October 2010
You may be aware that Bacs are going to automate Direct Debit indemnity claims on 18th October 2010. From day one you may start to receive some of your automated claims on Bacs reports in addition to the paper based ones you currently get. As this is a mandatory Bacs change it necessitates a change to your Bacsactive-IP software to allow you to download and view the new DDICA reports. We will communicate with all customers closer to the time advising them how to apply the update to add in this functionality. Further information:
End of Euro Transactions - Deadline October 2010
Bacs are going to decommission the sending of Euro transactions via Bacstel-IP on 28th October 2010. The last processing date for which Euro payments can be submitted is 29th October 2010. After this date Bacstel-IP will only accept sterling submissions. This is a non mandatory Bacs change. If you send Euro transactions via your Bacsactive-IP software please contact support@accountis.com who will inform you closer to the time how to apply the update to remove the Euro payment functionality.
Changes to Direct Debit Guarantee Wording - Deadline January 2011
With effect from 1 July 2009 the two previous forms of Direct Debit Guarantee wording have been replaced. Whilst it is considered best practice for all service users to adopt the new Guarantee immediately, service users set up to use Direct Debit prior to this date may continue to use either of the two previous Guarantees until 31 December 2010; service users set up after 1 July 2009 must use the new wording. With effect from 1 January 2011 ALL service users must use the new Direct Debit Guarantee. Further information:
