Easter Banking Transactions?

AdamKels

What goes on with banking transactions over easter? Sorry if this is a terrible question. I've had a substantial amount of money waiting to come into my account since the 5th. I just don't quite understand why the transactions cease because its a holiday. I thought it was all automated.

Can anyone shed any light on this?

Thanks

meer53

Good Friday and Easter Monday are bank holidays.

MoneySaverLog

meer53 wrote: »

Good Friday and Easter Monday are bank holidays.

Even for computers in the bank :rotfl:

meer53

MoneySaverLog wrote: »

Even for computers in the bank :rotfl:

Yup, they need to rest and recouperate too. Plus they need a human to push the buttons.

Mandelbrot

meer53 wrote: »

Good Friday and Easter Monday are bank holidays.

Dons pedant hat ...

Good Friday is only a bank holiday in Scotland.
Easter Monday is only a bank holiday in England, Wales & N.Ireland.

Removes pedant hat ... and breathe ...

meer53

Mandelbrot wrote: »

Dons pedant hat ...

Good Friday is only a bank holiday in Scotland.
Easter Monday is only a bank holiday in England, Wales & N.Ireland.

Removes pedant hat ... and breathe ...

Ah but does the computer know where it is ? I'm not so sure

pcombo

Bacs dont operate on bank holidays, but faster payments do.

Well so cahoot says

If you make a payment online before 5pm (Monday to Sunday, including bank holidays), the payment should arrive at the

destination account on the same day. If made after 5pm, it will arrive the following working day.

agrinnall

Without knowing how much the payment is, whether it's coming from a personal or business account, and what the sending and receiving banks are (ideally the receiving sortcode too) it's impossible to give a definitive answer. And even if it turns out that it's a payment that should be done by Faster Payments if it's out of the ordinary activity on your account it may be held up in Fraud checking until manual confirmation that it's OK is given.

AdamKels

Ok, thanks guys!

richard9991

Mandelbrot wrote: »

Dons pedant hat ...

Good Friday is only a bank holiday in Scotland.
Easter Monday is only a bank holiday in England, Wales & N.Ireland.

Removes pedant hat ... and breathe ...

good friday is a bank holiday in the uk and republic of ireland

http://www.woodlands-junior.kent.sch.uk/customs/questions/bankholidays.html

YorkshireBoy

richard9991 wrote: »

good friday is a bank holiday in the uk

http://www.woodlands-junior.kent.sch.uk/customs/questions/bankholidays.html

I think I'd rather take the word of the Government, who say that Good Friday is a public holiday!...

http://www.direct.gov.uk/en/Employment/Employees/Timeoffandholidays/DG_073741