Payments & Collections - Corporates

Through innovative mobile and electronic solutions that integrate fully with your business, we’re dedicated to making it simple, swift and secure to make, receive and track payments – wherever your business takes you.

New client? Get in touch

Solutions for your business

Barclays payments and collections services let you and your customers make and receive payments domestically and worldwide– swiftly, securely and easily.

We provide access to payment schemes including CHAPS, Bacs as well as FPS and SEPA and through SWIFT gpi provide you with the ability to track your international payments end to end.

By combining these solutions with support from dedicated cash specialists, we aim to optimise your cash management and help you enter new markets with confidence.

What you can do with Barclays

What our service allows you to do

Make individual GBP payments, payments in bulk or warehouse payments with future value dates

Choose an integration channel to suit your specific requirements, including online, host-to-host and SWIFT – supporting your ability to fully integrate payments, receipts and reporting into your ERP or TMS

Receive line-by-line and bespoke reporting that can be integrated into your systems

Get support from our dedicated specialists to help you maximise the benefits of each payment type.
Which GBP payment type should I use?

With Barclays, you can use a mix of GBP payment types to suit the payment value, urgency and time of day:

CHAPS is the only guaranteed same-day UK domestic payment with no upper value limit (based on Straight-Through Processing and instructions being received prior to cut-off)

Faster Payments Service provides the flexibility of near real-time payments 24/7 for payments of up to £1m

Bacs Credits is typically used for predictable payments such as salary and supplier payments that settle on a three-working day cycle with a maximum value of £20m.
The Barclays advantage

A direct member of all three UK domestic payment schemes – Bacs, CHAPS and Faster Payments Service – and actively engaged with all of them to advance industry change

Our suite of cash management solutions can support your activities across payments, FX, trade and liquidity.
What our service allows you to do

Make individual EUR payments, payments in bulk or warehouse payments with future value dates

Choose an integration channel to suit your specific requirements, including online, host-to-host and SWIFT – supporting your ability to fully integrate payments, receipts and reporting into your ERP or TMS

Receive line-by-line and bespoke reporting and get full transparency on fees, including deductions where applicable

Select from flexible charging options for high-value EUR payments, depending on who you want to cover the transaction fees

Track the status of your high-value EUR payments in real-time via the SWIFT gpi Tracker in Barclays iPortal – allowing exceptions or issues to be dealt with swiftly and efficiently.
Which EUR payment type should I use?

With Barclays, you can use a mix of EUR payment types to reach beneficiaries. Through our high value channels we can settle urgent, same-day commercial payments with no upper value limit (based on Straight Through Processing and instructions being received prior to cut-off)

SEPA Credit Transfer can be used for payments to beneficiaries located in the Single Euro Payments Area, with payments settling same day or next day depending on the time of payment instruction. SEPA transactions have no upper value limit and users can utilise the data-rich ISO 20022 XML format with inclusion of specific data fields for improved reconciliation.
The Barclays advantage

A direct member of major European payment schemes and actively engaged through key industry forums to advance industry change and give you the greatest reach possible across Europe and the Single Euro Payments Area

A member of SWIFT gpi, enabling faster end-to-end processing of your high-value EUR payments, with full tracking available on Barclays iPortal

Our suite of cash management solutions can support your activities across payments, FX, trade and liquidity.
What our service allows you to do

Make individual international payments, payments in bulk or warehouse payments with future value dates

Choose an integration channel to suit your specific requirements, including online, host-to-host and SWIFT – supporting your ability to fully integrate payments, receipts and reporting into your ERP or TMS

Receive integrated line-by-line and bespoke reporting, plus full transparency on fees including deductions and FX rates where applicable

Select from flexible charging options depending on who you want to cover the transaction fees

Use Barclays FX and cash management specialists to help you navigate different country and currency requirements.
International payments and FX

With Barclays, you can transact anywhere in the world, making payments in over 120 currencies and to over 200 countries from a single account. You can also open accounts in over 40 currencies to manage payables and receivables as efficiently as possible.

Our FX solutions support your business needs:

Combine FX and payments into a single automated process

Get transparent, competitive pricing using live FX rates and pre-agreed FX and transaction fees

Book guaranteed FX rates via our online channel to know your rate upfront.

Receive FX rates based on your volumes and payment values to ensure our pricing matches your changing FX requirements.
The Barclays advantage

A member of SWIFT gpi, aiming for frictionless payments, enabling your high-value international payments to be processed faster end-to-end, with full tracking available on Barclays iPortal

Actively engaged in industry initiatives and forums to drive industry change and innovation

Our suite of cash management solutions can support your activities across payments, FX, trade and liquidity.
What our service allows you to do

Automate regular or occasional collection of GBP payments of an agreed amount on an agreed date from your customers’ accounts

Choose an integration channel to suit your specific requirements, including online and host-to-host, supporting your ability to fully integrate payments, collections and reporting into your ERP or TMS.
Why choose Direct Debit with Barclays?

Provides your business and retail customers with an easy, trusted payment method protected by the Direct Debit Guarantee

Saves time, reduces cost of collection and puts cleared funds directly into your bank account

Direct access to Bacs reporting, integrated to your systems, enabling easy and efficient reconciliation

Strengthens your cash forecasting by letting you know the date of future payments from customers.
The Barclays advantage

Barclays is a direct member of the UK Direct Debit Scheme, Bacs (Bankers Automated Clearing Service)

Via Barclays sponsorship you can become a Direct Debit Service User, allowing you or a third party of your choice to submit payments directly to Bacs

On transferring to us, you can keep your Bacs third-party software – and integrate Bacs reporting for easy and efficient reconciliation

We offer a suite of cash management solutions to support your activities across payments, FX, trade and liquidity.

*The products referred to in this section are subject to separate terms and conditions and eligibility criteria. There are terms and conditions associated with becoming a Direct Debit Originator – please speak to your Relationship Team for more details.
What our service allows you to do

SEPA Direct Debit allows a creditor in a SEPA country to collect direct debits from customers in that country or any other SEPA country

Automate regular or occasional collection of euro payments from your customers’ accounts within the Single Euro Payments Area

Choose an integration channel to suit your specific requirements, including online and host-to-host – supporting your ability to fully integrate payments, collections and reporting into your ERP or TMS

Access full line-by-line and bespoke reporting, which can be integrated into your systems to enable easy and efficient reconciliation

Smoothly transition into the SEPA Direct Debit market with our end-to-end managed service – ideal if you have multiple mandates across different banking systems.
Why choose SEPA Direct Debits with Barclays?

As direct member of SEPA Core Direct Debit and SEPA Business to Business Direct Debit, we provide your European customers with an easy, convenient and trusted payment collection method. You can originate Direct Debit collections from Barclays locations in 10 European countries – and debit customers in any SEPA country

An opportunity to consolidate bank accounts: only one bank account is needed for all SEPA direct debit collections

Strengthens your cash forecasting by knowing the date of future customer payments

We match collections files with locally-stored mandates to produce SEPA-compliant information.
The Barclays advantage

Simplify the whole process with our fully managed, end-to-end service – whether you are starting out in the SEPA Direct Debit market or consolidating to one central EUR bank account

Rely on our expertise to help you through the process, from initialisation of mandates through to integrating transaction management into your existing processes

Our suite of cash management solutions can support your activities across payments, FX, trade and liquidity.

*The products referred to in this section are subject to separate terms and conditions and eligibility criteria. There are terms and conditions associated with becoming a Direct Debit Originator – please speak to your Relationship Team for more details.
What our service allows you to do

We can support all of your cash and cheque handling needs with our broad range of processing services

Access a range of cash delivery methods, including direct-to-cash centres, branch counters, in-branch self-service, and night safe devices

Deposit both sterling and currency cheques straight into your accounts

Choose an integration channel to suit your specific requirements, including online and host-to-host – supporting your ability to fully integrate payments, collections, cash and cheques, as well as reporting, into your ERP or TMS

Get full line-by-line and bespoke reporting, which can be integrated into your systems for easy and efficient reconciliation.
Features of the service

An image-based clearing system for faster, secure clearing of sterling cheques, with funds made available within two business days of the cheque being received (Monday to Friday, excluding bank holidays)

Customised cheque printing with anti-fraud features and other industry standard measures

If you frequently receive large amounts of cash - but cannot hold it securely on your premises our direct solutions offer the option to deposit cash through bar-coded, self-seal tamper-evident wallets, plus use of a secure carrier

Cash and cheque solutions can often be integrated with your existing security provider and processes.
The Barclays advantage

We offer a range of secure and convenient methods for depositing your cash and cheques

Our direct solutions can handle large volumes of cash and cheques, removing the need for you to visit a branch

Through our network of branches, central processing centres, and arrangement with the Post Office we offer nationwide coverage and accessibility

Our dedicated cash specialists, product managers and supplier partners can help you maximise the benefits of cash and cheque-handling while assuring full security

Our suite of cash management solutions can support your activities across payments, FX, trade and liquidity.

Find related solutions and insights

Payments & Collections - Corporates

Solutions for your business

What you can do with Barclays

Corporate Banking Solutions

Get in touch

Cash management

ISO 20022 for corporates

Important information