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Rbs loose ‘early pay day’

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  • Silvertabby
    Silvertabby Posts: 10,159 Forumite
    10,000 Posts Eighth Anniversary Name Dropper Photogenic
    From 13 January 2018: Any regular payments due to be paid in to your account on a Monday (or next working day after a Bank Holiday) will only be available to you from the Monday (or next working day after a Bank Holiday) and not the Saturday as before. Just make sure there’s enough money in your account to cover you for any spending over the weekend.
    And the problem is? This is the way most employers work.

    From the way OP was kicking off I thought that wages due on a Saturday or Sunday were going to be held over until the following Monday.
  • unforeseen
    unforeseen Posts: 7,383 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I don't see the problem.

    All it is saying is that instead of the perk you had they are going to make the money available to you/ take it off you when it is due

    Swings and roundabouts. They won't pay you money due on a Saturday but there again they won't debit your account for payments due on a Saturday
  • Robbie64
    Robbie64 Posts: 2,182 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I received a similar email from NatWest this afternoon. As NatWest and RBS are subsiduary companies of the Royal Bank Of Scotland Group then the changes for both banks apply from that same date, 13 January 2018. Presumably the same will apply to the Ulster Bank.

    The wording of the email I received is word-for-word the same as the one posted earlier that was sent out by RBS.
  • takman
    takman Posts: 3,876 Forumite
    1,000 Posts Combo Breaker
    If anyone is concerned by this then they should really consider rethinking how they budget their money (If at all). The day you get paid on should be irreverent to how much money you have to spend if you have budgeted correctly.
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 29 October 2017 at 5:04PM
    I'm sure by the time it happens people will have forgotten about it and there will be murders when people realise they have to wait until Monday for there money.
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • stclair
    stclair Posts: 6,854 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Bump as a reminder.

    As it’s being introduced shortly ��
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
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