YorPay
Control everyday business costs
Keeping costs down is essential to future growth. YorPay from Yorkshire Bank is an automated crediting service that allows you to make regular payments automatically in line with your individual instructions. YorPay is tailored to suit the specifics of your business banking needs, this facility offers you a cost-effective and secure solution to processing payments.
- Ideal for SMEs with a small employee base
- Operates on a minimum three working day cycle
- Submissions and payments can be booked up to 28 days in advance
To find out more:
- Call into your nearest branch (opens in a new window) or call 0845 606 4477
- If you’re an existing Business customer, contact your Business Manager
- Existing Business Direct customers, call 0845 606 4477
More Benefits
- Cost-effective – no need to purchase a PC related system to process payments
- 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
- 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
- Master-file of beneficiaries set up on processing your database, amended as and when necessary
- 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
- Trade Payments can also be processed through YorPay
- Direct Debit Payments
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
- Minimum charges apply to standard item charges
- Set up charge on tiered basis
- Additional IDs
- Non-conformance charge
- ClydePay overlimit charge if applicable
- Standard charges can be found in the interest rates and charges section. Speak to your Business Manager or Business Advisor for more details
- Terms and conditions
- Full terms and conditions are available on request
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.