For Fourth to transfer payments to employee bank accounts on payday, a BACS User Number will need to be set up, and linked to Fourth’s Bureau Number.
How to Apply for a BACS User Number
It is the customer’s responsibility to contact their bank to request a BACS User Number and ensure that it is linked to Fourth’s Bureau Number.
Information that may be Required
Fourth’s Bureau Details:
Bureau Number: B80078
Name: Fourth Limited
Bureau Address: Fourth, Greenway House, Larkwood Way, Tytherington Business Park, SK10 2XR
Application type: Payments (Direct Credits)
Submission Channel: Indirect Submission Only
Primary Security Contacts: Must be individuals within the customer’s organisation
Some forms may ask ‘Do you want the Bureau to collect reports on your behalf?’, please state ‘No’.
Please note: Completed application forms should be handed to Relationship Managers or Account Managers at the Bank. They will forward the information to their BACS Department.
Once Issued with a BACS User Number
Banks tend to send customers notification of BACS User Numbers by email. Once this has been received, please forward the BACS User Number to your Project Manager or Payroll Specialist at Fourth along with your company bank details (Name, Address, Sort Code and Account Number).
Fourth will complete a BACS test once all details have been received. Fourth will take £1 from the customer’s account and then return the £1. This transaction will establish whether the BACS details are linked to Fourth. The customer will need to check their bank statements and confirm in writing (email) when they have seen the £1 transaction. Fourth will not send a customer’s Payroll BACS until the test has been completed and the customer has confirmed the £1 transaction.
Depending on which Bank is used, the time taken to receive BACS User Numbers can vary between 2 weeks and 2 months.
Fourth require two weeks to complete the BACS test. Please take this into account when planning how employees will be paid following the closing and approval of payroll.