YorPay
Take charge of your everyday business costs
Staying in control of costs is essential for your businesses future. YorPay from Yorkshire Bank is tailored to suit the specifics of your business banking needs; giving you a cost-effective and secure solution to process payments. It is an automated crediting service that allows you to make regular payments automatically in line with your individual instructions.
- Operates on a minimum three working day cycle
- Ideal for SMEs with a small employee base
- Submissions and payments can be booked up to 28 days in advance
To start a new kind of banking relationship, arrange a visit to your local Financial Solutions Centre or call 08457 03 45 67.
More Benefits
- Cost-effective – no need to purchase a PC related system to process payments
- Convenience – inputting of companies wages/salary files means you don’t have to
- Flexible – available by fax or telephone and backed up by YorPay helpline
- Low cost solution – when compared to BACS or TeleBank® Business
Further Features
- YorPay services operate Monday to Friday 9.30am to 4.30pm except bank holidays
- Security Reference Numbers linked to each beneficiary’s details
- Unique Customer Number issued to each company
- Password facility used to validate submissions to YorPay Computer Centre
- Master-file of beneficiaries set up on processing your database, amended as and when necessary
- Trade Payments can also be processed through YorPay
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
- TeleBank® Business – BACS Module
- Costs
- Fees and charges apply and are collected quarterly
- Additional IDs
- Set up charge on tiered basis
- Non-conformance charge
- Minimum charges apply to standard item charges
- YorPay overlimit charge if applicable
- Standard charges can be found in the interest rates and charges section. Speak to your Relationship 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.