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  5. What are typical Bacs payment charges?

A Bacs payment is the cheapest way to make a bank payment. It only costs a few pennies, mostly depending on the volume and the bank, or Bacs bureau. When sending 1,000 plus payments a month this should be significantly less than 10p, also watch out for hidden bank charges such as:

  • Bacs File charges
  • Charges on rejected Bacs files (up to 100 pounds)
  • File re-input or amendments (up to 300 pounds)
  • File reversal (up to 2,000 pounds)
  • Smart Cards

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