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BACS Faster Payments TXT files

Guidance on BACS Faster Payments.

Written by Debs

Paycircle can produce Faster Payments (FPS) TXT files for supported banks. The system supports two payment file formats: standard BACS (3-day processing) and FPS (Faster Payments Service - same-day or next-day processing).

Banks Supporting FPS File Format

Based on code analysis of the Platform repository, the following banks support FPS file generation:

Santander (Single and Bulk formats)

Bank of Scotland

Barclays

CitiDirect

HSBC (including Day 3 format)

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