BACS Solutions

Castle provides world class BACS & Transfer solutions to many sectors. We particularly work very closely with Albany Software due to their reputation for providing excellent products.

The Finance Solutions that we implement frequently include Albany's high quality and flexible BACS and Data transfer solutions, which are relied upon by several of the UK's most notable organisations and has received acclaim from many sources, not least of which is BACS itself.

Since its inception in 1989, Albany Software has been at the forefront of the eBusiness revolution, providing a powerful and integrated, strategic suite of software solutions and services designed to meet the needs of 21st Century organisations.

Albany Software is the UK's number one developer and supplier of Direct Debit and AUDDIS compatible BACS Electronic Funds Transfer (EFT) software. As a leading authority in the eBusiness marketplace, Albany Software supplies over 12,000 organisations with advanced and integrated systems. With the increase in popularity of Direct Debits in general, Albany Software is uniquely positioned to guide and assist organisations in improving the effectiveness and efficiency of their collections management.

BACSTEL-IP

BACSTEL-IP is the platform for the future of automated payments.

BACSTEL-IP is more than an upgrade of the existing BACSTEL service, it is a totally new delivery channel that gives you more control, easier management of processing – and a far faster service all round.

The new delivery channel, which provides BACS customers with a secure and direct online telecommunications access to the BACS Service, is called BACSTEL-IP.

Based on Internet protocols and using the latest Public Key Infrastructure (PKI) technologies for the highest level of security, BACSTEL-IP offers a reliable and cost-effective way of accessing the BACS payment services.

BACSTEL-IP provides the following:

• A secure method for delivery of Direct Debits, Direct Credits and AUDDIS items to the BACS service
• A secure channel that enables access to BACS input reports, returned payment advices and payment message advices
• Greater efficiency using proven technologies, including TCP/IP, and fully utilising PKI and the latest cryptographic methods
• A guarantee of the quality, integrity and confidentiality of your data
• Enhanced reliability and quality service through BACS approved software, which meets the rigorous standards set by BACS Payment Schemes and its members
• Time saving through the elimination of paper reports, which will reduce costs, increase accuracy and reliability and enable back office automation, relieving key staff from onerous chores so that they can be deployed on more important tasks and reducing the risk of error and fraud.