FAQ
Should I use BACS or Faster Payments?
BACS for the weekly/monthly batch run; Faster Payments for urgent single-bill settlements.
Last updated 26 May 2026
BACS for the regular weekly or monthly supplier run — batch many bills into one upload, three working days to clear, low or zero fees per item. Faster Payments for urgent single-bill settlements ("pay this contractor today") — instant credit, no batch file, you key the destination details into your bank's portal manually from the instruction PDF Blankitt generates. Both methods go through the same approval policies, audit trail, and GL posting on the Blankitt side. The split is operational, not commercial: choose by urgency, not cost.
See: finance-payments-bacs-run, finance-payments-faster-payments.