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Bacs Payment Schemes Limited ( Bacs ), previously known as Bankers' Automated Clearing System, is responsible for the clearing and settlement of UK automated direct debit and Bacs Direct Credit and the provision of third-party services. [1] Bacs became a subsidiary of Pay.UK (formerly known as New Payment System Operator (NPSO)) on 1 May 2018 ...
Banking. An automated clearing house ( ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2] [3] The ACH system is designed to process batches of payments containing numerous ...
Bacterial artificial chromosome. A bacterial artificial chromosome ( BAC) is a DNA construct, based on a functional fertility plasmid (or F-plasmid ), used for transforming and cloning in bacteria, usually E. coli. [1] [2] [3] F-plasmids play a crucial role because they contain partition genes that promote the even distribution of plasmids ...
Faster Payments. The Faster Payments Service ( FPS) is a United Kingdom banking initiative to reduce payment times between different banks' customer accounts to typically a few seconds, from the three working days that transfers usually take using the long-established BACS system. CHAPS, which was introduced in 1984, provides a limited faster ...
Telegraphic transfer. Telegraphic Transfer or telex transfer, often abbreviated to TT, is a term used to refer to an electronic funds transfer. Although the term is historic and the technology it describes is no longer in use, the telegraphic transfer name is still used today in several countries where it has become synonymous with an ...
Yeast artificial chromosomes (YACs) are genetically engineered chromosomes derived from the DNA of the yeast, Saccharomyces cerevisiae [1], which is then ligated into a bacterial plasmid. By inserting large fragments of DNA, from 100–1000 kb, the inserted sequences can be cloned and physically mapped using a process called chromosome walking.
Gene knock-in. In molecular cloning and biology, a gene knock-in (abbreviation: KI) refers to a genetic engineering method that involves the one-for-one substitution of DNA sequence information in a genetic locus or the insertion of sequence information not found within the locus. [1] Typically, this is done in mice since the technology for ...
BACS electronic transfer. Annual payments for renewal licences only. A post office in Guernsey. Unlike in the UK, TV licences may still be purchased at post offices on Guernsey, Jersey and the Isle of Man. The payment methods mean that the licence fee is paid for either completely or partially in advance.