BACS (originally an acronym for Bankers Automated Clearing Services) is a United Kingdom scheme for the electronic processing of financial transactions. Direct Debits and BACS Direct Credits are made using the BACS system. BACS payments take three working days to clear: they are entered into the system on the first day, processed on the second day, and cleared on the third day
Bankers Automated Clearing System. A system is used in United Kingdom and helps us in order to make financial transactions electronically. For example paying wages
is an automated clearing house providing predominantly retail payment services that include direct debit, standing order and direct credit (e g salary payments) Their website also outlines BACS's approach to business continuity
Bond Accounting System BAS -- Balanced Adjudications System BCC -- Border Crossing Card (Mexico) BCI -- Border Coordination Initiative BCIC -- Border Crossing Identification Card (I-586) BHRHA -- Bureau of Human Rights and Humanitarian Affairs BIA -- Board of Immigration Appeals BMIS -- Bond Management Information System BOP -- Bureau of Prisons BORTAC -- Border Patrol Tactical Unit (HQ at Biggs Army Airfield, TX) BP -- Border Patrol BPA -- Border Patrol Academy/Border Patrol Agent BPR -- Border Process Re-Engineering Project BPSH -- Border Patrol Sector Headquarters BRP -- Backlog Reduction Plan (Naturalization) BSC -- Baltimore Service Center (telephones)