Paying your power bill online, direct debits collected by an insurance. Australians rely on becs for a wide range of critical payments, including welfare, pension, salary, and bill. We administer the bulk electronic clearing system (becs) for electronic debit and credit payment instructions.
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This is subject to industry making progress on key dimensions including viability of becs alternatives, member.
A bulk electronic clearing system (becs) payment is an electronic funds transfer that uses becs.
In 2023, industry announced intentions to decommission the becs.
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