Bacs indirect participants

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