400.000 people wont be paid tomorrow-bacs glitch

Beate

Wow, am I glad I get paid on the 26th of every month.

mancitychick

Mine have gone in to First Direct ok. :j

dollydoodah

My DH's hasn't gone in (Lloyds TSB).

[Deleted User]

I got my pay, but my residual funds would have covered the mortgage and bills if it didnt come. I bank 1k in the black as my current account is actually better then any savings account (barring tax free and regulars) thus i go to 2.5k and work down to 1k each month.

ED

Yant1 - very smart! Current accounts of the likes of Halifax @ 6% are indeed helpful for the first £2,500. (Here's hoping my application goes through...!)

kittykirsty

Yant1, that's the way it should be done! Hopefully me and OH will have the same kind of thing going on. I'm always paranoid that we'll need some money urgently for some reason and we wouldn't be able to get it in time, it's always handy to have £1,000 in your account i think for emergencies

Little_Miss_Magic

Mine went in today, I am with the Natwest.

rosysparkle

I haven't checked mine but one of my colleagues has checked her bank and she hasn't been paid.

I had a lot of trouble on Wednesday getting BACS submissions through. Normally the wages submission goes in earlier but this month we had to rerun it at the last minute, so I did it on Wednesday. It took several attempts to get the wages submission through, and I couldn't get any more through after that (I didn't stay at work till 11pm to try then - I can't believe that someone at BACS thought people would stay at work on the off-chance that they had fixed their systems before midnight!).

I have had several complaints about this from clients this morning. I've referred them to BACS and the BBC website.

AndyR_3

SHEARERBOBS wrote: »

AAAAAAAAAAAAARRRRRRRRGGGGGGHHHHHHHHHHH neither of us been paid!!!!!!!!! Swines. I've a £550 direct debit coming out on the 1st and the company said they wont cancel it and i'll incur a admin fee of £25 for it bouncing!!!!!!!!!
Lloyds Tsb said i'll incur charges but then i've to ring up to claim them back! Cheek!

The 1st is Sunday, so if the DD was due then and hasn't already been claimed, it will be claimed on Monday. The banks have said the problems will be fixed by then and you'll have your pay, so there won't be a problem.

You probably won't have to ring to reclaim charges, last time somthing similar happened most banks put in a process to refund charges automatically (and I got a nice Sunday's overtime at double pay sorting out some that had to be done manually!). But if you spoke to the call centre earlier today the advisor may not have known what will actually happen and therefore advised you to call back so you can be sure of getting your money back.

iceicebaby

ED wrote: »

iceicebaby wrote "I deal with sending bacs files from the company I work for everday and have lots of experience of the workings of bacs. If anyone wants to ask anything please do" Irresistible! (On topic, glad to see so many MSE participants have indeed received their funds today!) Now, what can you tell us, iceicebaby, about same-day arrival of BACS from some (but not all) banks to Building Societies that use them for clearing? This is pertinent for monthly deposits to regular saver accounts. Barclays does this (if Sort Code begins with '20-')
Lloyds TSB sometimes does this.
any other bank?

Transfers between accounts with the same bank or building societies that are affliated with a bank (eg halifax and the bank of scotland) are instant as they are internal transfers.

Is that what you were asking?