An entity established in 2009 as the successor to the Association for Payment Clearing Services (APACS). UKPA manages payment clearing and overseas money transmission in the UK, providing services and facilities to four main operating companies.
VocaLink is the company responsible for owning and operating the UK's national bank payments infrastructure. It works closely with Bacs, the automated payments scheme used by British banks, and LINK, the national network of cash machines.
