The first name for Bacs bulk change procedures
If you plan to change one of the following then you will need to go through a Bacs bulk change:
- Your Service User Number (SUN) - this was previously your originator number
- Your Service Reference Number (SRN) - your customer reference number
- Your Bacs user name - the name under which you collect Direct Debits
The circumstances might be:
- A business take over or amalgamation
- A joining together of 2 or more enterprises for economic benefit
- A change of accounting software
The banks have produced a comprehensive document regarding this service running to some 50 pages. An insomniac's dream!
Let us help you through this process. We've undertaken this many times, including with a client who had 1.6 million customers! We can steer you clear of the pitfalls and minefields.
Contact us now for free initial advice!