Have you considered paying your staff using our popular BACS payments service?

With negligible one-off set up costs and charges per payment running at far less than those made by banks for cheque payments, this is another cost effective option to aid the smooth running of your administration. No more writing numerous, expensive cheques – as soon as you agree the payrun we instigate the payments from your account, and in three days time your employees receive cleared funds into their personal bank accounts. (We understand this maybe cut to a two day cycle in the near future).

Potential time and money savings to clients are as follows:-

Avoid hand-writing numerous cheques – costing circa £0.65.

• No more mailing of cheques to external workers.
• De-clutter your bank statements – only one entry appears per bulk instruction (you do receive a detailed breakdown of all payments however).
• The whole payment process handled for you as an extension to the payroll service – all we need from the client is to confirm the payroll reports and we do all the rest.
• Release key members of staff to work more beneficially for the business.
• Your monthly or quarterly liabilities payment to HMRC can also be included, as can payments to your suppliers.

In an attempt to keep our pricing structure as simplistic as possible, charges are as follows.

Initial Set-Up - £10.00
This covers the creation of a specific template file, containing relevant bank details, authorities etc. This charge is a one-off.

Transaction Charges (based on the number of transactions per instruction)

• 1 to 10 transactions @ £0.35p each
• 11 to 50 transactions @ £0.28p each
• 51 to 100 transactions @ £0.25p each
• 101 to 250 transactions @ £0.23p each
• Over 250 transactions @ £0.20p each

A minimum charge (per instruction) £3.00 exists – only instigated where the total transaction charges are under £3.00. In such instances the individual transactions are not charged.

Costing Examples:-

• An instruction containing 120 payments would cost £27.60 (120 x £0.23)
• An instruction containing 24 payments would cost £6.72 (24 x £0.28)
• An instruction containing 12 payments would cost £3.36 (12 x £0.28)
• An instruction containing 6 payments would cost £3.00 (Min Charge)

All prices are subject to VAT.