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  2. Bacs - Wikipedia

    en.wikipedia.org/wiki/BACS

    Bacs became a subsidiary of Pay.UK (formerly known as New Payment System Operator (NPSO)) on 1 May 2018, [2] and responsibility for direct debit, Bacs Direct Credit, the Current Account Switch Service, Cash ISA Transfer Service and the Industry Sort Code Directory was given to Pay.UK. [3]

  3. Faster Payments - Wikipedia

    en.wikipedia.org/wiki/Faster_Payments

    Faster Payments logo. The Faster Payments Service (FPS) is a United Kingdom banking initiative to reduce payment times between different banks' customer accounts to typically a few seconds, from the three working days that transfers usually take using the long-established BACS system.

  4. List of online payment service providers - Wikipedia

    en.wikipedia.org/wiki/List_of_online_payment...

    The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company

  5. Sort code - Wikipedia

    en.wikipedia.org/wiki/Sort_code

    NatWest: Formerly District Bank (1962) 04 "Utility bank" 04 is used by a large number of new financial institutions. Issued to new participants in the BACS, CHAPS and Faster Payments schemes. Not usable for cheques. [4] See next table. 05: Clydesdale Bank: Trading as Yorkshire Bank: 07-00 to 07-49: Nationwide Building Society: 08: The Co ...

  6. NatWest Group - Wikipedia

    en.wikipedia.org/wiki/NatWest_Group

    NatWest Markets Securities is a key subsidiary, operating in the United States. The Royal Bank of Scotland International, trading as NatWest International, RBS International, Coutts Crown Dependencies and Isle of Man Bank, is the offshore banking arm of NatWest Group. It provides a range of services to personal, business, commercial, corporate ...

  7. Automated clearing house - Wikipedia

    en.wikipedia.org/wiki/Automated_Clearing_House

    Credit transfer: non-immediate transfer of funds between accounts at different financial institutions for payments by retail customers and non-urgent business-to-business payments. Direct debit payment of consumer bills such as mortgages, loans, utilities, insurance premiums, rents, and any other regular or membership style payment. These type ...

  8. NatWest - Wikipedia

    en.wikipedia.org/wiki/NatWest

    NatWest will receive £125 million from the deal upon completion in the first half of 2025. [54] In 2024, NatWest also entered into an agreement with Metro Bank plc ("Metro Bank") to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. [56]

  9. List of banks in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/List_of_banks_in_the...

    Bank Headquarters Market cap [4]Total assets [5]Global rank by total assets As of 23 November 2024 Barclays: London, England 55.08 2,049.77 13th HSBC Holdings