Finance Glossary
BACS Definition
London South East has an extensive glossary of financial definitions, offering simple explanations.
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Please avoid using phrases such as: 'definition of' and 'what is'.
Tip: You can enter single words, or part words as your search term.
BACS
Bank Automated Clearing System. A debit and credit system used to make direct transfers to/from clients’ accounts.
Bank Automated Clearing System. A debit and credit system used to make direct transfers to/from clients’ accounts.
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