Bacs indirect participants
Learn how to operate as a Bacs indirect participant using Mambu Payments (formerly Numeral)
Mambu Payments (formerly Numeral) enables Bacs indirect participants to connect to their sponsor bank and support all Bacs payment flows, related related messages, and related operational processes, including:
- Sending Bacs credit transfers and direct debits
- Receiving Bacs credit transfers and direct debits
- Processing payment input reports
- Sending and receiving ARUCS and ARUDD items and reports
- Sending and receiving credit and debit contras
- Sending and receiving recalls, reversals and returns
- Receiving settlement account statements
- Reconciling Bacs settlements
- Safeguarding of customer funds
Updated 19 days ago