Bankers’ Automated Clearing Services

Bankers’ Automated Clearing Services
/ˌbæŋkəz ˌɔ:təmeɪtɪd 'klɪərɪŋ ˌsʒmvɪsɪz/ plural noun
full form of BACS.
Compare CHAPS

Dictionary of banking and finance. 2015.

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