Managed Electronic Funds Transfer Service

Protecting your cash flow is vital to the success of your business: more companies fail because of cash flow than for any other reason.

One of the easiest ways to safeguard your business is to take control of the payments you make and receive using Ceridian's Electronic Funds Transfer Service. Flexible and easy to use, this electronic solution means that you can make and receive payments using the BACS system, ensuring you have an up-to-the-minute picture of your business's finances.

Benefits of choosing the Electronic Funds Transfer Service

Electronic Funds Transfer Service By making this service part of your payment and collection procedures, you have complete control over the money moving in and out of your business.

Management reporting allows you to keep track of the exact state of your business finances – so you can make informed decisions about the best time to make payments.
The system is easy to implement and use – there’s no huge upfront investment or lengthy training to disrupt your business.
Making payments this way saves on paperwork and administration – saving you time and freeing up resources to work on other projects.
Many insurance companies - and HMRC - are starting to insist that payments are made electronically; with our Electronic Funds Transfer Service in place you’re prepared for this.

Why choose Ceridian?

As a BACS approved bureau, we have been reviewed by BACS Ltd auditors in 5 performance categories, in all of which we've been rated "Excellent"; the highest rating possible.
Rely on the expertise and experience of dedicated and qualified service professionals, committed to your business.
Trust the UK’s leading HR and payroll services company, responsible for transferring £26 billion of customer funds every year promptly and securely.
Join over 6,000 customers across the UK and Europe who benefit from our innovation and efficiency.

how our funds transfer system works