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.