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Business Flows

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  • Alerts Logic

    • Alerts logic contains information about all the settings that relate to alerts, including alert types, alerts states, and additional alert configuration options.

  • Bacs Inbound Payments

    • 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.

  • FPS and CHAPS

    • Faster Payment Service (FPS) and Clearing House Automated Payment System (CHAPS) are fund transfer systems in the UK. FPS allows for faster payment times for bank-to-bank payments. CHAPS allows for same-day payments usually used for high-value transactions.