Switch to Bacs Direct Debit to Eliminate UK Card Processing Fees
AWS · Feature Update · · notable
Briefing for: Finance
What happened
AWS now supports Bacs Direct Debit for UK-based customers, allowing for automated payments in GBP directly from local bank accounts. Previously, these customers were limited to credit/debit cards or EUR-denominated bank accounts, often incurring currency conversion or processing overhead.
Why it matters
This change allows finance teams to align cloud spending with standard UK business payment practices. It eliminates the risk of service interruption due to expired credit cards and can reduce bank fees associated with foreign exchange or card transactions.
What this enables
- If you manage UK cloud budgets, move your recurring invoices to Bacs to avoid the 'admin debt' of updating expiring corporate credit cards.
- If your bank charges for EUR transfers, switch to Bacs to settle invoices in GBP and lower your total cost of ownership.
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