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Home > QFINANCE Dictionary > Definition of Bankers Automated Clearing Service

Definition of

Bankers Automated Clearing Service

Banking

former name for BACS the former name for and origin of BACS, the electronic bulk clearing system generally used in the United Kingdom

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Definitions of ’Bankers Automated Clearing Service’ and meaning of ’Bankers Automated Clearing Service’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’Bankers Automated Clearing Service’ and other financial terms with our online QFINANCE Financial Dictionary.

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