Yes. In order to begin collecting Direct Debits through Bacs you will need to approach your sponsoring bank about acquiring a Service User Number (SUN).
Your SUN is a unique identifier for your organisation. Bacs (the clearing service for Direct Debits), need it to create a record of each Direct Debit transaction.
For steps on how to apply for a SUN download our useful guide.
Typically your business will be unable to obtain a SUN from a sponsoring bank if you:
- Have been trading less than 3 years
- Have a turnover of less than £1 million
- Do not have an established relationship with your bank
However there are exceptions to this rule and if you are unsure where your business falls in this criteria, then please contact us.