UK Payment Ecosystem, Participants, Data and Access
The first UK Payments and Collections chapter maps customer instructions, providers, system operators, sponsors and settlement accounts. It distinguishes messaging, clearing, settlement, posting and availability.
Follow realistic supplier-payment and collection cases, compare the core sterling routes, and understand identifiers, ISO 20022, bank controls, reconciliation and uncertain outcomes.
The chapter follows the Academy's USA learning format and prepares readers for the dedicated Bacs, Direct Debit, Faster Payments and CHAPS lessons.
Related learning paths
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