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Originally Posted by tkiely
Rubbish! with BACS-IP (web based admin of BACS processes, available to any company) they can take the payment whenever they like at no extra cost at all.
NTL just cant be bothered to do something which would improve their collections record by enabling their customers to pay promptly.
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THe previous BACS system was cumbersome and could prove expensive, but as stated the new BACS-IP is a much smoother and cost effective way of doing it. The banks are expected to have BACS-IP fully up and running by the end of the 1st quarter this year.