We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Payday is Friday but many got paid today

Options
Cousin's payday is Friday. Many if his colleagues got paid today as mentioned on Facebook. He and those colleagues that have their pay go into a Santander account have not.

Why is this? He maybe concerned if on Friday he does not receive his pay then.

Has anyone experienced or heard of similar before?

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Some banks show the next working day transactions on non-working days.
  • londonTiger
    londonTiger Posts: 4,903 Forumite
    huh?? is friday a public holiday? i thought the day after boxing day is a normal day...

    Weird they received money on christmas day. Maybe it was a easing measure done to boost peoples balances on Christmas.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Weird they received money on christmas day.
    Not at all.


    In banking terms, Friday started as soon as they'd done the overnight processing at the end of Xmas Eve...just like next Monday will start as soon as they've done the overnight processing on Friday night.


    Perfectly normal (at some, although not all, banks)!
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    huh?? is friday a public holiday? i thought the day after boxing day is a normal day...

    Weird they received money on christmas day. Maybe it was a easing measure done to boost peoples balances on Christmas.

    Read my sentence again.....

    Some banks show the next working day transactions (i.e. Friday transactions) on non-working days (i.e. Christmas Day and Boxing Day). Monday has finished, the next working day is Friday. The non-working days between them show the upcoming Friday transactions.

    It would be the same for Monday transactions on a Saturday and Sunday.
  • Cousin's payday is Friday. Many if his colleagues got paid today as mentioned on Facebook. He and those colleagues that have their pay go into a Santander account have not.

    Some banks put Monday's transactions through on Saturday morning, although with Monday's date. Other banks (like Santander) put Monday's transactions through on Sunday night / Monday morning.

    Same thing applies over the Christmas holidays. The early updating banks have done so already, the late updating banks haven't updated yet and will be doing so later tonight/early tomorrow.

    All transactions will be dated Friday 27th.
  • pmduk
    pmduk Posts: 10,681 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Any time now, we'll get complaints from people whose DDs for 27th have already been taken.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.