As well as Direct Debit, your company can pay a Credicorp facility by bank transfer. This is useful for one-off payments such as an overpayment, a settlement, or covering a month where you do not want to rely on a collection.
What you need
- The destination bank details we provide for your facility.
- Your facility reference, entered exactly as given.
- The correct amount, especially when settling, where it must match your settlement figure.
Why the reference matters
The reference is how we match an incoming transfer to your facility. Sending funds without it, or with the wrong reference, can delay the payment being applied while we trace it. Always pay from your business bank account so the source is clear.
Timing
Allow time for the transfer to reach and clear with us. If you are paying to meet a due date or a settlement deadline, send the funds with enough margin so cleared money arrives in time. If a payment is urgent, tell us so we can watch for it.
Facilities are available only to UK limited companies and LLPs for business purposes and fall outside the FCA consumer-credit regime.
Related payment articles cover how long a payment takes to clear, checking whether a payment has reached us and requesting a settlement figure.
See also: Can I change the date my payment is taken?, Can I make a one-off extra payment without changing my Direct Debit?, Can I pay a Flex drawing from a different card or account?.