Laura Driscoll

PA to the MD at Bacs Payment Schemes Limited Bacs

Laura Driscoll's Professional Contact Details

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Company

Bacs Payment Schemes Limited Bacs

Person Seniority

entry

Laura Driscoll's Current Company Details

Bacs Payment Schemes Limited Bacs

London, • 34 Employees

finance

Founded in 1968, Bacs is responsible for the schemes behind the clearing and settlement of automated payments in the UK including Direct Debit and Bacs Direct Credit, as well as the provision of managed services for third parties, such as the Cash ISA Transfer Service, and the development, management and subsequent ownership of the Current Account Switch Service. The Government acknowledges that the Bacs payment system is of critical importance to the UK financial system and has confirmed that it meets the recognition criteria set out in the Banking Act 2009. Since its inception, over 125 billion transactions have been debited or credited to British bank accounts via Bacs. And, in 2017, 6.34 billion UK payments were made this way with a total value of Â£4.9 trillion, including over 4.2 billion Direct Debits. Bacs is a membership company limited by Guarantee.

Founded Year

1968

Organization Website

bacs.co.uk

Organization Languages

English

Organization Revenue

7000

Current Technologies

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