Birkbeck, University of London The Finance Department

Payment runs

Contact details: Payments Section

Birkbeck College pays their suppliers under the default payment term of 30 days, i.e. within 30 days from the invoice date and as close to the due date as possible, unless special circumstances apply i.e. to obtain a discount if paid earlier.

Payments to suppliers are made by weekly BACS transfer. BACS runs are generated every Wednesday and the suppliers receive their payment the following Monday. The Payments Team aim to process all documents received by no later than midday on Tuesday for that week’s payment run.

In order for the Payments Team to pay a supplier via BACS transfer the following details are required:

• Full Name of payee

• Full Address of payee

• Bank Name

• Bank address

• Account Number

• Sort Code

For foreign BACS payments:

• Details as above

• Swift code

• IBAN number

For further information of foreign payments please click here.

 

 

 


Printed from: http://www.bbk.ac.uk/fin/services/payments/paymentruns
Date printed: 21/10/2017