I've started a new job and my first pay was paid directly into my bank account on Friday before 2pm. It is now Tuesday morning 7.30am and my pay is still not there.
A friend told me that when you start a new job for example and money is being put into that bank account for the first time by the company you're working for that it takes a while for it to get there. The company I work for told me it should be there by Monday.
I'm going to check if they have the correct bank details later on today but before I go and make a fool of myself asking them why my pay isn't there when you said it would I just wanted to know about this delay and if it is true and is there any other reason that banks hold on to payments like that other than for gaining interest off it?
Also I don't know if the fact that I'm Australian makes any difference. I don't know if banks in say Europe or America work differently to our banks but anyone who answers you're much appreciated.
2007-12-03 08:35:32 · 2 answers · asked by matchbook1984 4 in Business & Finance ➔ Personal Finance
It should be there. Call your bank and ask if they got the deposit. Check with your payroll department to look into it as well.
2007-12-03 08:44:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Your information is not correct. If the money was directly deposited into your account Friday, the money was there Friday. If your employer submitted the transfer Friday, your bank may not have received it yet. Once your bank receives the funds, it is IMMEDIATELY available.
2007-12-03 09:12:08 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋