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A quick urgent question

I have a SO paid into my acct on the 30th of every month this month its on saturday will the money be paid into my acct tomorrow friday the 29th or will it go throu midnight friday/saturday morning ?

Comments

  • dr_adidas01
    dr_adidas01 Posts: 2,158 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    It depends on whom you bank with and what there policy is about paying money into another account at the weekend is.

    I know with Halifax and Bank Of Scotland if a SO is going out a a weekend they wont process it until the next working day. Which in most cases would be a Monday, and sometimes it wont show in the persons account until the day after its processed.
    Time is a path from the past to the future and back again. The present is the crossroads of both. :cool:
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    IMO standing orders cannot be paid early - so the next working day after the 30th will be Monday.
  • iluvsaving
    iluvsaving Posts: 60 Forumite
    IMO standing orders cannot be paid early - so the next working day after the 30th will be Monday.

    a standing order will go out on the day you tell it to. it will not go early. you could change the date to a few days earlier to avoid this situation
  • rb10
    rb10 Posts: 6,334 Forumite
    The transaction will be dated for Monday - it's always the next working day if it falls at a weekend or bank holiday.

    Depending on who you bank with, it may show up overnight Friday/Saturday, on Sunday afternoon, or overnight Sunday/Monday.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    iluvsaving wrote: »
    a standing order will go out on the day you tell it to. it will not go early. you could change the date to a few days earlier to avoid this situation
    In this case the standing order is paid IN to the account not taken out.
    The OP has no control over the date.
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