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Wages payment into Lloyds TSB Account
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# 1
jovichick123
Old 17-11-2011, 4:04 PM
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Default Wages payment into Lloyds TSB Account

Hi all

Quick question, I have changed my bank account from Natwest to Lloyds TSB and this is the first month my wages are due to be paid to new account. I am due to be paid on the 21st November (Monday) and just wondered when this will clear in my account? The reason I ask is that Natwest used to clear the funds on Saturday morning when payment was due on the Monday - am just wondering if this will happen with TSB?

Many thanks,

Jovi x
Married my soulmate 2013
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# 2
Lokolo
Old 17-11-2011, 4:07 PM
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No it won't.
You only live once so make the most of it!
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# 3
Mikeyorks
Old 17-11-2011, 4:37 PM
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But - nor will they pinch DDs, due out on the Mon, from your account on the Fri night!
If you want to test the depth of the water .........don't use both feet !
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# 4
notts_phil
Old 17-11-2011, 4:56 PM
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Quote:
Originally Posted by Mikeyorks View Post
But - nor will they pinch DDs, due out on the Mon, from your account on the Fri night!
Six of one and all that
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# 5
Mikeyorks
Old 17-11-2011, 5:07 PM
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Exactly.

Thought I'd impart a bit of good news to go with Lokolo's snappy response!
If you want to test the depth of the water .........don't use both feet !
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# 6
BAA1
Old 18-11-2011, 8:34 AM
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OP : I'm interested to know why you decided to change from NatWest to Lloyds TSB if you do not know the differences in how the two banks operate ?

Shouldn't this type of thing have been part of your research before making the switch not after.
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# 7
jovichick123
Old 18-11-2011, 8:51 AM
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OK, thanks, it's no big deal either way was just curious

BAA1: As to why I switched, I had a basic bank account with the Natwest, have never had overdraft facilities etc. They upgraded me recently to a basic silver account and wanted me to pay 8.00 per month to use any cash machine. As I refused to do this, I switched banks. My new account with TSB is a current account (still no overdraft as I don't want one) where I can use it FOC from any cashpoint. As I said above, it's no big deal if the money clears on Monday - that's when I am due to be paid anyway. When weighing up the accounts on offer, I did do my research however, whether money cleared before it's due date was not a major concern.
Married my soulmate 2013
DS 8, DS2 1
Challenges: 523/2014 Win Xmas 2014
January: 500 Tesco Voucher, Levi Roots cooking sauce, 10 x Nescafe Azera pouches, 2 x tickets to craft show
jovichick123 is offline
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