Electronic payments

The modern, safer way to pay

Lower costs. Reduced timescales. Greater efficiency. Tighter security. Electronic payments such as CHAPS, SWIFT, BACS, Faster Payments and Online Banking have huge advantages over more traditional payment types.

If you don’t already use electronic payments, or you’d like to find out more, please contact your relationship manager.

Sensible precautions

Electronic payments come with built-in security, which means that the main risks and problems tend to come from within companies themselves. In saying that, it’s relatively easy to protect your interests.

The most obvious one is to place strict controls on who can access to the payment system.

There are other issues to consider – especially how you set and change your passwords. Find out more in Office Security area.