The BACS Rejection Cycle

The BACS Rejection Cycle

Its important to consider what happens when payments by BACS fail.

Day 3

The payment would normally show in your account even if failed.

You'd also in 99% of cases receive a BACS notification of a failed payment

Day 4

The other 1% of rejection notifications would occur

Day 5

The failed payment would be reversed by your bank from your account.

  • Last modified: 2021/12/11 10:39