AFD Products: Bankfinder Manual

AFD BankFinder Manual: BACS Tab

BACS Tab

Using the BACS (Bankers Automated Clearing Service) Tab - Applies to branches on the UK (BACS) Clearing System Only

This tab is used to display the BACS data for a record found by BankFinder. It can be selected by clicking the tab - or use the [Alt]+4 keyboard shortcut.

The Results Tab

The fields displayed on this tab are as follows:

Field Description

Status Indicates if the branch is a BACS Member that accepts BACS payments, a branch of an agency member that accepts BACS payments or if it does not accept BACS payments.

Last Change The date on which BACS data for this record was last amended.

Closed Clearing The date when the status of the branch was set to 'N' (does not accept BACS payments) if applicable.

Redirected From If this Sort Code receives BACS payments originally destined for one or other Sort Codes then this field will display 'Click to list...'. Clicking this text will bring up a list of Sort Codes redirected to this Bank from which you can select to view those Banks records if required.

Redirected To If BACS payments for this Sort Code have been redirected to another branch then this field will show the Sort Code it has been redirected to. You can click this to display the record for that bank.

Handling Bank This is the name and code of the Bank that takes BACS output for this branch.

Stream This is the stream of output within the Handling Bank that will be used for payments to this branch.

Settlement This is the BACS Settlement Bank name and code of the bank that will settle BACS payments for this branch.

Section and Sub These are numeric values required for BACS to perform it's settlement.

Account Numbered When checked this indicates the branch has numbered bank accounts. There are still a few branches without numbered bank accounts for which this will not be checked.

DDI Voucher Required The UK Direct Debit system supports an electronic system (AUDDIS) for originators to lodge Direct Debit instructions with paying banks. There are a few bank branches that cannot accept these instructions electronically, in which case BACS prints paper vouchers and this box will be checked.

Transactions Allowed These check boxes show which transactions the branch can accept.

Shortcuts

Field-Transfer
To transfer any address field from the BACS Tab to the equivalent field on the Search Tab, where available, simply, click the descriptive label to its left - e.g. to transfer a 'Settlement Bank' , click the letters of the word 'Settlement'.

Drag & Drop

You can drag text from the individual fields of the BACS Tab and drop it into other Windows programs - like Microsoft Word.

Hold down one of the [Shift] keys (usually marked with a hollow arrow pointing upwards). Then click and hold down the left mouse button on the field you wish to move (drag) text from - the cursor will turn into a dragging icon. Now move to the program you wish to place the text in (keeping the mouse button down). Finally, release the mouse button to drop the text in the new field.

Field	Description
Status	Indicates if the branch is a BACS Member that accepts BACS payments, a branch of an agency member that accepts BACS payments or if it does not accept BACS payments.
Last Change	The date on which BACS data for this record was last amended.
Closed Clearing	The date when the status of the branch was set to 'N' (does not accept BACS payments) if applicable.
Redirected From	If this Sort Code receives BACS payments originally destined for one or other Sort Codes then this field will display 'Click to list...'. Clicking this text will bring up a list of Sort Codes redirected to this Bank from which you can select to view those Banks records if required.
Redirected To	If BACS payments for this Sort Code have been redirected to another branch then this field will show the Sort Code it has been redirected to. You can click this to display the record for that bank.
Handling Bank	This is the name and code of the Bank that takes BACS output for this branch.
Stream	This is the stream of output within the Handling Bank that will be used for payments to this branch.
Settlement	This is the BACS Settlement Bank name and code of the bank that will settle BACS payments for this branch.
Section and Sub	These are numeric values required for BACS to perform it's settlement.
Account Numbered	When checked this indicates the branch has numbered bank accounts. There are still a few branches without numbered bank accounts for which this will not be checked.
DDI Voucher Required	The UK Direct Debit system supports an electronic system (AUDDIS) for originators to lodge Direct Debit instructions with paying banks. There are a few bank branches that cannot accept these instructions electronically, in which case BACS prints paper vouchers and this box will be checked.
Transactions Allowed	These check boxes show which transactions the branch can accept.

Address, Postcode and Bank solutions