SAM80030 | Payments: payments overview: process payments in DMB Banking

DM Banking process a variety of payments through the automated payment systems in Cumbernauld and Shipley. These fall mainly into one of four groups

• Cheque payments, also known as bank lodgement payments

• Clerical Giro and Direct Credit payments

• Bank Giro on Tape and BACS payments

• Direct Debit payments

More information on the processing of payments in the Accounts office is available in the Debt Management & Banking Manual DMBM210700.