Barclays bank taking money out early??!

Lyndsey_2

Hello everyone

I have been having some probs with Barclays in that I am going OD even though there is enough money going into the account to cover all the DD and this is only a billing account. On paper there is money left over each month but in practice this is not happening. I logged on today to have a look at what situation I am in and I can see 2 DD for the 28.08.07. Not weird in itself except today's date is 26th and the funds do not go into the account until the 27th leaving me in the OD and incurring charges!

Is this right and has anyone else experienced this!? Surely they cannot take the money out until the 28th!!!!

CLAPTON

i think you will find that barclays update the account stataments on the Friday night / saturday morning for the whole weekend... so it looks like the monday DDs have gone out although they are correctly dated for the monday. (obviously this being a bank holiday it will show tuesdays date (28th).)
I dont think you will get any charges for that as long as you have the money there on monday (tuesday) to pay but do check it out. Have you actually be charged anything?

iceicebaby

This is because the dd is due out of the account on tuesday, so you have to have the funds in your account and cleared the banking day before, which in this case, due to the bank holiday will have been friday