Having a business continuity plan in place has always been important and is now mandatory for all firms under the Prudential Regulatory Authority’s (PRA) Supervisory Statement (SS1/21) from March 2025.

Having a solution in place well in advance of the March 2025 date is important. The implementation of our solution is designed to have low impact on your organisation and will not require you to change the format of Bacs Direct Credit or Debit files from your host system. Bottomline will utilise our existing managed bank connectivity channels, so you won’t have to establish and manage a new connection with your bank.

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