Crediting and Debiting Building Society Accounts

There are now very few Building Societies which allow Building Society accounts with just Roll numbers (older accounts) to receive Bacs Direct Credits. However, the usual procedure for these accounts, is to send the Bacs Direct Credits to a "Head Office Collection Account" maintained by the Building Society with one of the Bacs Member Banks and include the roll number in a reference field for Direct Credits. Bacs has published a service user guide on "Crediting and Debiting Building Society Accounts". Contact numbers at each of the relevant Building Societies are also included.

The Crediting and Debiting Building Society Accounts guide and similar user guides are available to businesses who have access to the Subscriber Library section on the Bacs website.

http://www.bacs.co.uk/Bacs/Businesses/Resources/SubscriberLibrary/Pages/SubscriberLibrary.aspx

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