Glossary of Terms
A
ADDACS
Automated Direct Debit Amendment and Cancellation Service
Late receipt of information about Direct Debit amendments and cancellations can be costly in terms of both time and money. ADDACS streamlines the process and ensures that you receive information on amendments and cancellations quickly - and with dramatically reduced risk of error.
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ARUCS
Automated Return of Unapplied Credits Service
With billions of Bacs Direct Credits made annually, there are occasions when the data sent by an organisation contains incorrect information. ARUCS allows the receiving bank to return the Bacs Direct Credit automatically to the organisation via the Bacs service and give appropriate information by way of reason codes as to why the payment was unapplied.
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ARUDD
Automated Return of Unpaid Direct Debits Service
ARUDD is the automated system used by the banks to return unpaid Direct Debit payments.
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AUDDIS
Automated Direct Debit Instruction Service
AUDDIS enables you to send new Direct Debit Instructions to your customers' bank electronically, instead of in paper format, reducing manual processes and resulting in fewer errors.
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AWACS
Advice of Wrong Account for Automated Credits Service
AWACS is a fast and efficient electronic messaging service allowing payment service providers (PSP) to notify service users of any changes to a Bacs Direct Credit payment, providing them with the information needed to help maintain their payments database.
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D
DDICA
Direct Debit Indemnity Claim Advice
An Indemnity Claim (DDICA) is the notification of any payments which are being disputed by your Payer and these can be received at any time. One of the advantages of Direct Debit is that Payers are protected by the Direct Debit Guarantee, this encourages them to sign-up using this payment method over others.
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R
Real Time Information (RTI)
Pay As You Earn (PAYE) Real Time Information (RTI) is the process of matching payroll paid through Bacs Payment systems to individuals with the payroll data reported in real time. It provides confirmation of the amount paid into an individuals bank account to assist DWP with administration of all types of Universal Credit.