Barclays

Light pays out of your Barclays accounts and reads the statements back. Payment files leave Light in the format Barclays expects and the statement returns to the same ledger line, so nobody is uploading a payment file by hand or ticking off a bank statement at month end.

5 maintained formats sit behind this one entry — one per country, channel and message type Barclays supports — and they are updated as the bank changes them, so a format change is never your project.

1. 01Pay suppliers, staff and tax from Barclays in United Kingdom.
2. 02Domestic BACS, Domestic CHAPS, Domestic FASTER and 8 more — 11 payment types in all.
3. 03Collect by direct debit, not just pay out.
4. 04Connects over Encrypted file exchange (PGP).
5. 05Every payment carries its ledger reference, so the statement reconciles itself.