Association_for_Payment_Clearing_Services

UK Payments Administration

UK Payments Administration

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The UK Payments Administration Ltd (UKPA) is a United Kingdom service company that provides people, facilities and expertise to the UK payments industry.

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UKPA was created on 6 July 2009, as a successor of the Association for Payment Clearing Services (APACS) to support the systems behind UK payments, such as Bacs, CHAPS and the Cheque and Credit Clearing Company. APACS had been created in 1985[1] to oversee the majority of UK payment clearing systems and keep their operational efficiency and integrity in order. Theresa May is a former employee.[2]

References

  1. [1]
    Wood, Frank; Sangster, Alan (2008). Frank Wood's business accounting UK GAAP (1st ed.). Harlow, England: FT Prentice Hall. p. 128. ISBN 9780273718765.
  2. [2]
    "Who is Theresa May: A profile of UK's new prime minister". BBC News. 2016-07-25. Retrieved 2021-09-26.
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