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BACS Faster Payments TXT files

Guidance on BACS Faster Payments.

Debs avatar
Written by Debs
Updated over a week ago

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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