What does BACS mean in Academic Degrees?
This page is about the meanings of the acronym/abbreviation/shorthand BACS in the Academic & Science field in general and in the Academic Degrees terminology in particular.
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What does BACS mean?
- Bacs Payment Schemes Limited is a United Kingdom scheme for the electronic processing of financial transactions. BACS direct debits and BACS direct credits are made using the BACS system. BACS payments take three working days to clear: they are entered into the system on the first day, processed on the second day, and cleared on the third day.
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BACS also stands for:
- Bank Automated Clearing System
- Bank Automated Credit System
- Bankers Automated Clearing Service
- Bankers Automated Clearing Services
- Bankers Automated Clearing System
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