How to use bacs money transfer

Updated April 17, 2017

BACS stands for Bankers Automated Clearing Services and is a simple process of making payments via electronic transactions. It is internationally recognised as a safe way of transferring money between bank accounts. It can take three to five working days for a BACS payment to clear. Many people use Direct Debit to pay their monthly household bills; this is done using the BACS system.

Supply your bank the account number, sort code and account name of the person or company you are transferring funds to, together with the amount of money you wish to transfer.

Supply the person or company who is transferring money to you with your account number, sort code and the exact name on your account to enable them to put funds into your account.

Make a note of any reference numbers provided so that you have a record of the transaction.


Always take care when giving out your personal information and bank account details.

Things You'll Need

  • Bank account with account number and sort code
  • Pen
  • Paper
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About the Author

C. Giles is a writer with an MA (Hons) in English literature and a post-graduate diploma in law. Her work has been published in several publications, both online and offline, including "The Herald," "The Big Issue" and "Daily Record."