Bacs Payments, Bank holidays & tube strikes…
Don’t forget that Monday 5th May is a Bank Holiday, so automated Bacs payments and collections will not be processed by Bacs on that date.
Have a look at the Bacs payments processing calendar – it’s a great little reference tool to make sure you don’t miss any important processing dates in 2014.
Many businesses are by now fully SEPA compliant or making excellent progress towards compliance. If this sounds like your business, congratulations! But let’s not pat ourselves on the back and say ‘job done’ just yet! There’s no time like the present to start smartening up and streamlining your processes
Here are some opportunities that could make a real impact to your business.
You’ll have no doubt heard of Heartbleed, the major new security bug that hit headlines all over the world upon its recent discovery. Heartbleed is being touted as one of the biggest internet security threats of all time. It’s because of Heartbleed that the public is being asked to change its passwords on everything from Facebook to Flickr…
As soon as Heartbleed came to our attention here at AccessPay we asked Symantec, who provide our online security, for an assessment of the situation. And Symantec quickly gave us the good news that AccessPay is not affected in any way, shape or form by Heartbleed!
The Easter Bank Holiday is approaching! Don’t forget – automated Bacs payments and collections are not processed by Bacs on public holidays.
This means that over the Easter Bank Holiday, your will have to submit your transaction files a few days earlier for a Bacs payment to be made on the usual time.
For example – if a Bacs payment or collection is meant to happen on Thursday 17th April, the latest date the transaction file can be transmitted is Tuesday 15th April!