[BNM] Moving Money

[AndrewGill73@gmail.com]

There are plenty of software tools that allow you to set up automated BACS
payments. They are quite "old school" but are reliable and often free (such
as those provided by the big retail banks). Most accept a csv file (or
similar) to allow the quick automation.

http://www.bacs.co.uk/BACS/Software+suppliers/Resources/Approved+software/

HTH,
Andy

On Feb 19, 2008 6:46 PM, paul perrin <paul at idltd.com> wrote:

> The site has links to loads of suppliers - software/hardware,  bureau
> service etc. for automated solutions/interfaces (web/internet etc)
>
> Being  a 'blue chip' service and linked into real bank accounts, they are
> completely paranioid about authentication (rightly so) - it wouldn't do
> for
> a hacker to transfer money out of someone elses account(!) (the minimum
> security is likely to be a digital certificate from your bank).
>
> Hence my labeling them the 'traditional' - there could well be more
> suitable
> new services depending on your requriements...
>
> On 19/02/2008, Alan Braddish <alan at webspoke.co.uk> wrote:
> >
> > Hi Paul,
> >
> > Thanks for the link.  My client is aware of the BACS system, but this
> > would
> > be a manual process for each payment, every month, would it not?
> >
> > Alan
> >
> >
> > -----Original Message-----
> > From: bnmlist-bounces at brightonnewmedia.org
> > [mailto:bnmlist-bounces at brightonnewmedia.org] On Behalf Of paul perrin
> > Sent: 19 February 2008 17:18
> > To: Brighton New Media
> > Subject: Re: [BNM] Moving Money
> >
> > BACS is the traditional way.
> > http://www.bacs.co.uk/BACS/Corporate/Bacs+services/Bacs+Direct+Credit/
> >
> > Paul /)/+)
> >
> > On 19/02/2008, Alan Braddish <alan at webspoke.co.uk> wrote:
> > >
> > > Hi All,
> > >
> > > Wondering if anyone has any ideas about this.
> > >
> > > I have a client that, at the end of every month, would like to
> transfer
> > a
> > > variable amount of money from their bank account, to a variable number
> > of
> > > "suppliers" (potentially hundreds, or even thousands).
> > >
> > > Is there any automated method by which this could be achieved?
> > >
> > > Any ideas appreciated.
> > >
> > > Thanks.
> > > Alan
> > >
> > >
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