Paying for goods and services by direct credit
Paying by direct credit is a secure and reliable way to make your business payments. It offers the following benefits:
No need for reconciliation
The direct credit service generates just a single debit to your bank account on a specified date.
Reduced administrative costs
Direct credit removes the time-consuming task of checking cheques and matching them to remittance advice notes. With direct credit, the creation and authorisation of a payment file is a simple and inexpensive process.
Improved cash flow management
You know exactly when the funds will leave your account. This enables you to keep your money working right up to the last minute.
Direct cost savings
You'll no longer have to buy, and store, expensive cheque stationery.
If you have the systems that enable you to take advantage of direct credit you'll need the following information:
Bank: National Westminster Bank Plc
8 Mardol Head
Sort Code: 55-50-05
Name: SCC Direct credit account
Please ensure that all advice notes are sent, faxed or emailed to:
Income Section ( IS/JE)
Fax: 01743 252184