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What does BACS stand for?

BACS stands for Bankers Automated Clearing System

This definition appears frequently and is found in the following Acronym Finder categories:

  • Information technology (IT) and computers
  • Business, finance, etc.

See other definitions of BACS

Other Resources:
We have 40 other meanings of BACS in our Acronym Attic

Samples in periodicals archive:

The Bankers Automated Clearing System has introduced a new system which will transfer details of the new account electronically to companies who receive payments by direct debit and standing order.
The Bankers Automated Clearing System has introduced a system that will transfer details of the new account electronically to companies who receive payments by direct debit and standing order.
The Bankers Automated Clearing System (BACS) has introduced a new system which will transfer details of the new account electronically to companies who receive payments by direct debit and standing order.