BACS


Also found in: Dictionary, Financial, Acronyms, Wikipedia.
Related to BACS: BCAS

BACS

Abbreviation for:
British Association for Chemical Specialities (Medspeak-UK)
References in periodicals archive ?
Editors Note: Bottomline will be discussing the BACS payments gateway and its relationship with Omikron in booth B129 at Sibos 2005 Conference and Exhibition, September 5-9, Bella Center, Copenhagen.
The BACS migration deadline is clearly driving the evolution of electronic payments, and our success to date is a testament to our strategy to provide customers with a simple, efficient path to compliance," said Peter Fortune, President of Bottomline Technologies Europe.
This new service for QuickBooks extends the benefits of BACS to a broader segment of business users, seeking to replace traditional check or fax pay services with electronic payments.
BACSTEL-IP is the UK's new technology platform which allows companies to send electronic payments directly to BACS and receive reports from the Internet.
In September 2002 BACS announced its technology renewal programme in order to meet the rapidly growing demand for its electronic payment services.
It was important to have our HSM solution released early, since high-volume BACS payment submitters are on an accelerated program to upgrade to BACSTEL-IP by March 2005," said Peter Fortune, president of Bottomline Technologies Europe.
Bottomline Technologies(R) (Nasdaq: EPAY) a leading global technology provider of Financial Resource Management (FRM) software and managed services, today announced that its WebSeries Payment Platform has become the first thin client solution to be approved by BACS for BACSTEL-IP connection to the clearing service.
More than 100,000 UK businesses regularly make or receive payments through the BACS clearing system, which processed 3.
Borland's Professional Services conducted training covering both JBuilder and the integration of Rational Rose(R), which BACS is using as its development modelling tool.
While the BHN III, BHN IV and BACS I structures protect against currency inconvertibility, Fitch believes the probability of an inconvertibility event occurring has increased.
The policy was issued in support of a $95 million securitization of Senior Mortgage Bonds on behalf of BACS I Mortgage Trust.