BACS payments in HSBC are bank-to-bank transfers in the United Kindom, there are 2 types:
- Direct Credit: regular transfers to your account from a third party, like salary or pension payments
- Direct Debit: when you allow a third party to regularly transfer money from your banking account, for example, for utilities or Internet
Banks usually do not set limits on BACS payments.
If you have additional questions about HSBC BACS payments, please call 03457-606-060 on Mon-Sun from 8 am to 10 pm.
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