What time is close of business (Nationwide)

I-Promise-To-Try

I've got a direct debit due out of my account tomorrow, and am aware that cleared funds need to be in my account by close of business today.

I am a couple of pounds short, so have withdrawn some Paypal money, but it won't hit my account until around 7/8pm this evening.

Will this be ok I wonder?

MABLE

I know from my banking experience that debits are normally applied before credits. So based on that the dd may get bounced. May be an idea to phone them.

I-Promise-To-Try

MABLE wrote: »

I know from my banking experience that debits are normally applied before credits. So based on that the dd may get bounced. May be an idea to phone them.

Thanks for your reply. The money will go in tonight, and the direct debit isn't due until tomorrow.

Milarky

eod is 8.30 pm

innovate

I-Promise-To-Try wrote: »

..... am aware that cleared funds need to be in my account by close of business.....

If these T&Cs are pre-reqs for payments being made, your T&Cs should define

• what is considered as 'cleared funds'
• what 'close of business' is

If you can't find either or both definition in the T&Cs, they aren't likely to form pre-reqs but you might want to ask your bank to clarify the T&Cs, rather than relying on opinions of forum posters.