Bureau Service - Managed Direct Debit Collections
Do you have your own Direct Debit Service User Number (previously known as Originator Identification Number (OIN), but don’t want to invest in expensive direct debit software, complex system integration or staff training? If so, then our Managed Direct Debit Bureau Service is the answer.
As a BACS Approved Bureau (BAB), First Capital Cashflow plc is able to manage your direct debit origination and collect direct debit payments on your behalf.
Features of this service include:
- Your own branded Direct Debit Mandate utilising your own Service User Number
- Collections carried out in your name directly to your business bank account.
- Monthly, Fortnightly, Weekly or even Daily direct debit collections.
- Improved cash flow forecasting – No more waiting for the cheque to arrive in the post
- All the benefits of the latest direct debit software and fully trained staff, without having a large capital outlay
- Full range of reporting – Collections, Unpaid DD’s, Amendments and Cancellations, which can be accessed real-time via a web based client administration site
- Reduction in administration costs.
- Comprehensive Internet Security and Disaster recovery including pgp encryption
- Clear contracts encompassing service level agreements
- All services are underwritten by comprehensive PI cover
- Optional API – fully integrated server to server applications
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