Just a general question to anyone in the UK who is awake and who is getting paid today Sept 28th....my husband just checked his account online, it is nearly 1.30am friday morning Sept 28th, his wages would normally show up just after midnight, but it has not. Is anyone else having this trouble tonight? Are there sometimes varying times before it shows up??? Thank you
2007-09-27 13:28:21 · 3 answers · asked by amanda_vanessara 2 in Business & Finance ➔ Credit
You should always allow 3 working days to clear. outgoing banking (from your account) is always done before incoming banking (into your account) its just one of those things that banks do to make more money. So if you've got DD's on the 1st of the month you can expect them to go through before your money goes through, that way they make charges on your over drawn account even if it all happened on the same day.
It's highly likely in your case the money will be in the account tomorrow but wait till close of business before checking
hope that helps a bit.
2007-09-27 13:35:01 · answer #1 · answered by Anonymous · 1⤊ 0⤋
In The Uk there are two systems of payment
BACS (Bankers Automated Clearing System) anything from three to seven days
CHAPS (Clearing House Automated Payment System) anything from 30 soconds to 12 hours
I could talk on this for hours
Grrrrr Bloody British High street Banks
2007-09-27 13:53:59 · answer #2 · answered by Anonymous · 1⤊ 1⤋
Here in the US they are available if you have direct deposit the moment the bank opens up for the day here it is around 10 am
2007-09-27 13:35:39 · answer #3 · answered by Pengy 7 · 0⤊ 2⤋