YorPay
Secure and cost effective solution to process payments
YorPay from Yorkshire Bank is an automated crediting service that allows you to make regular payments automatically in line with your individual instructions. It enables you to keep your costs as low as possible, something which is critical to take your business forward. The ability to tailor it to the individual requirements of your business makes it a cost-effective and secure business banking solution for processing payments.
- Operates on a minimum three working day cycle
- Submissions and payments can be booked up to 28 days in advance
- Ideal for SMEs with a small employee base
To find out more, contact your Agribusiness Partner, arrange a visit to your local Financial Solutions Centre or call 08457 034 567.
More Benefits
- Flexible – available by fax or telephone and backed up by YorPay helpline
- Convenience – inputting of companies wages/salary files means you don’t have to
- Cost-effective – no need to purchase a PC related system to process payments
- Low cost solution – when compared to BACS
Further Features
- YorPay services operate Monday to Friday 9.30am to 4.30pm except Bank Holidays
- Trade Payments can also be processed through YorPay
- Unique Customer Number issued to each company
- Master-file of beneficiaries set up on processing your database, amended as and when necessary
- Security Reference Numbers linked to each beneficiary’s details
- Password facility used to validate submissions to YorPay Computer Centre
Complementary Solutions
Important Information
- Minimum amount
- No minimum file value – minimum charge of £5 levied
- Maximum amount
- No maximum file value – however BACS Direct-IP System is more cost-effective for large numbers of payments
- Alternatives
- BACS Direct-IP system
- Costs
- Fees and charges apply and are collected quarterly
- Minimum charges apply to standard item charges
- Set up charge on tiered basis
- Additional IDs
- Non-conformance charge
- YorPay overlimit charge if applicable
- Standard charges can be found in the interest rates and charges section. Speak to your local Agribusiness Partner for more details
- Terms and conditions
- Full terms and conditions are available on request or application
Yorkshire Bank is a trading name of Clydesdale Bank PLC which is authorised and regulated by the Financial Services Authority. Credit facilities other than regulated mortgages are not regulated by the Financial Services Authority. Clydesdale Bank PLC, Registered in Scotland (No. SC001111), Registered Office: 30 St. Vincent Place, Glasgow, G1 2HL. A member of the National Australia Bank Group of companies.