What is Bacstel-IP?
Bacstel-IP is the system which allows Service Users to access Bacs securely. It allows online submission of Bacs files and the retrieval of Bacs reports, as well as transparent management of the submission, tracking and viewing of payer files. Software used to submit files to Bacs is costly and complex, so many organisations prefer to partner with organisations that can help to simplify the process, such as SmartDebit.
To determine which category an organisation fits into they either have to develop their own software which is capable of submitting files of payers and their payments to Bacs in a predefined format (known as Bacs 18), or partner with an organisation that can manage this process on their behalf.