Cheque Printing and Pay-out Service

FSCS requires the services of a Cheque Printing and Pay-out provider on a Secondary basis. The Secondary Provider would provide services in the event any of the following circumstances apply: (i) Primary Provider does not have enough capacity to execute a Payment Services Order to meet FSCS statutory timescales (ii) in the event of a major default(s) where FSCS at its discretion opts to use both suppliers in order to increase its chances of meeting statutory timelines.