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What does CASS mean?
Stu6781
Posts: 119
Forumite
As above. I’ve seen the word in bank switching FAQ
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Comments
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Current Account Switching Service0
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As above. It's a service designed to give customers more flexibility in choosing a current account provider. If you're switching from Bank A to Bank B, and both are part of the CASS scheme, then you approach Bank B who will arrange for your account at Bank A to be closed, any balance transferred, standing orders, direct debits and other recurring bills will be carried over, and a redirection service put in place so any payments to your old account are redirected to the new one. That's the process for a full switch - a partial switch is also possible.: )0
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In my profession, Caro Accounts Settlement Systems
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Don’t you mean cargo?:DIn my profession, Caro Accounts Settlement Systems
https://www.iata.org/services/finance/Pages/cass.aspx0
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