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Barclays Direct debit cut off
lilangel_2
Posts: 67 Forumite
Has any other barclays customer had a letter saying to them that they had a time limit to get the money in on the day a direct debit was returned or am I dreaming it. I thought sure I'd received a letter in this matter but when I phoned Barclays this morning to query it because I had a returned DD yesterday but transferred money across straight away to cover it they said they had nothing in place like that. As soon as I noticed it was approx 2.50pm when I transferred the funds.
Am I just imagining I had this letter but I'm sure I must have seen something to remember it.
Rhi xx
Am I just imagining I had this letter but I'm sure I must have seen something to remember it.
Rhi xx
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Comments
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I understood with Barclays, that funds had to be in place at the end of the previous banking day. Some other banks, incl RBS Group and Lloyds TSB ans possibly others give you grace on the day of payment, perhaps you were confusing Barclays with another account??0
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I think lilangel may be referring to this MSE article: http://www.moneysavingexpert.com/news/banking/2013/06/payment-failed-on-payday-banks-to-give-customers-more-time-to-avoid-charges0
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Thats it I knew I hadn't dreamed it. lol.0
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Barclays cut off is 2pm for getting funds in to cover payments being bounced. :j:j0
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