Bacs Transaction Codes

Bacs transaction codes explained.

Value Items

01 - Direct Debit first collection.

17 - Direct Debit regular collection, or credit contra (debit record to balance credit records).

18 - Direct Debit re-presentation.

19 - Direct Debit final collection.

99 - Direct Credit, or debit contra (credit record to balance debit records)

Z4 - Interest payments.

Z5 - Dividend payments.

Direct Debit Instructions (DDIs)

0N - New instruction.

0C - Cancellation instruction.

0S - Conversion instruction.

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