Business & Finance

ADDACS Full Form - What is Full Form of ADDACS?

Full Form: Automated Direct Debit Amendment And Cancellation Service
Category: Business & Finance
Sub Category: Accounting

What is Meaning of ADDACS?

ADDACS is full form Automated Direct Debit Amendment And Cancellation Service

What is Automated Direct Debit Amendment And Cancellation Service?

ADDACS is an electronic messaging service allowing payment service providers (PSP) to notify service users if changes are made to a customer's Direct Debit Instruction (DDI), for example when a DDI is cancelled or when an account has been transferred to a new PSP​ using the Current Account Switch Service or Bulk ..