Making Bacs payment from Halifax account

moonpenny

This is probably a simple question but never done this before so---

I am having a new fireplace fitted and need to pay a deposit via my Halifax current account (online)
They are asking for a bacs payment.  Is this the same as making a normal bank transfer and can i do this with Halifax?

GrumpyDil

Any payment you make will be sent as a faster payment but same difference from your perspective.  As long as you have a sort code, account number and name it will reach their account.

I'm always slightly paranoid about getting accounts details correct and used to send a test transfer but as the banks include account name  verification I don't tend to do that now.

moonpenny

Thank you! GrumpyDil,  I have made a couple of transfers before but it was the Bacs that threw me.

la531983

Its a different word for the same thing in this case.

Olenna

BACS payments aren't allowed from personal accounts due to payment regulations.
Faster Payments from a personal account work in the same way.

I take it you're aware that BACS/FPs are effectively the same as cash and provide no protection.
Can you pay them with a credit or debit card for limited protection?

moonpenny

Olenna said:

BACS payments aren't allowed from personal accounts due to payment regulations.
Faster Payments from a personal account work in the same way.

I take it you're aware that BACS/FPs are effectively the same as cash and provide no protection.
Can you pay them with a credit or debit card for limited protection?

Yes I read that Bacs offered no protection but I also read that you couldn't  pay Bacs through a Credit card thats why i was going to use my debit card.

grumpy_codger

moonpenny said:

Olenna said:

BACS payments aren't allowed from personal accounts due to payment regulations.
Faster Payments from a personal account work in the same way.

I take it you're aware that BACS/FPs are effectively the same as cash and provide no protection.
Can you pay them with a credit or debit card for limited protection?

Yes I read that Bacs offered no protection but I also read that you couldn't  pay Bacs through a Credit card thats why i was going to use my debit card.

This makes no sense. A bank transfer, be it BACS or Faster Payment, has nothing to do with a debit card.

sausage_time

moonpenny said:

Olenna said:

BACS payments aren't allowed from personal accounts due to payment regulations.
Faster Payments from a personal account work in the same way.

I take it you're aware that BACS/FPs are effectively the same as cash and provide no protection.
Can you pay them with a credit or debit card for limited protection?

Yes I read that Bacs offered no protection but I also read that you couldn't  pay Bacs through a Credit card thats why i was going to use my debit card.

Now we're confused.  Are you paying the vendor using their sort code and account number (ie Faster Payments - no protection) or using your debit card number, expiry date, and 3 digit CCV (some protection)?

moonpenny

Sorry for confusing things.
I will be paying using "faster payments" (just found out its called that) from my online current account.