You might have regular payments to your account, for example
wages or benefits.
Some incoming payments are made by a system called
BACS. BACS stands for 'Bank Automated Credit System' and basically means
your money has been transferred from one bank account (the payer) to
another (you, the payee) electronically.
Example
You receive £46.50 per month for Child Benefit. The transaction
will be recorded on your bank statement.
Activity: What you can expect to see
on your statement:
Move your mouse pointer over items to find
out what each area means.
