Bacs Logo Posted on January 30, 2017April 9, 2023 By admin Bacs Payment Schemes Limited (Bacs), previously known as Bankers’ Automated Clearing System, is responsible for the clearing and settlement of UK automated direct debit and Bacs Direct Credit and the provision of third-party services  Category : Bank & Finance United Kingdom/England Tags : Automated> automated payment method> B> bacs.co.uk> Clearing Service> Direct Debit