Industry services
In addition to our important role operating the UK's national retail interbank payment systems, we also manage a number of services for the benefit of the UK payments industry. These range from the Biller Update Service, which provides participating organisations with a centrally managed facility to update and disseminate biller information, to the Extended Industry Sort Code Directory, a downloadable database containing information about all payment service providers that are connected to the UK clearing systems.
In addition, the SEPA IBAN-Only Directory helps reduce the instances of payment errors by encouraging more SEPA payments to be made electronically – through straight through processing – minimising the need for manual intervention.
You can find out more about all of these on the Pay.UK website, via the links below.