Bacs Payment from Europe

sorter121

Hi.

Does BACS payments from europe will show in my account on weekend? or i have to wait for monday?

Thank you for simple asnwer:cool:

BANK: HALIFAX

System

A BACS Direct Credit is possible only within the UK.
A payment from another European country can be sent either as a SEPA Credit Transfer (only for a payment in euro), or a SWIFT transfer (any currency).
If it is sent as a SEPA Credit Transfer, and if it is sent to your correct IBAN and BIC, it should be credited on the business day after it was sent.
If it is sent as a SWIFT transfer, it typically arrives two or three business days after it was sent.

sorter121

YoungNick wrote: »

A BACS Direct Credit is possible only within the UK.
A payment from another European country can be sent either as a SEPA Credit Transfer (only for a payment in euro), or a SWIFT transfer (any currency).
If it is sent as a SEPA Credit Transfer, and if it is sent to your correct IBAN and BIC, it should be credited on the business day after it was sent.
If it is sent as a SWIFT transfer, it typically arrives two or three business days after it was sent.

Hehe. I'm receiving payouts from amazon, and they just ask details ( acc number and sort code ) they dont need iban number and etc.

And when money came to account showing same payment method as my employer paying me.

Amazon telling that they sending money from Luxemborgh.

System

sorter121 wrote: »

Amazon telling that they sending money from Luxemborgh.

If it's amazon.co.uk then yes, it is a company based in Luxembourg. Since they asked you only for UK sort code and account number, they are paying you from a UK bank account. If they do this by Faster Payment, it should arrive within minutes, any day including Saturday and Sunday. If they do it by BACS Direct Credit, it arrives the second or third business day after they send it.

sorter121

YoungNick wrote: »

If it's amazon.co.uk then yes, it is a company based in Luxembourg. Since they asked you only for UK sort code and account number, they are paying you from a UK bank account. If they do this by Faster Payment, it should arrive within minutes, any day including Saturday and Sunday. If they do it by BACS Direct Credit, it arrives the second or third business day after they send it.

Hope monday will come.

Now its been more than 10 days, and still no money in account.

All others payments were made in 3-5 business days,

sorter121

Hehe.. nice..

received BACS paymentS today on 3pm.