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Last working day of the month
Comments
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Barclays offers the most options for Standing Order payments out of any bank that I know of. You can pay them every week, fortnight, month (specific date), 28 days, 2 months, 3 months, 4 months, 6 months, year, last day of the month, last working day of the month, month (specific day), last Monday/Tuesday/Wednesday/Thursday/Friday of the month, Quarter day, Scottish quarter day, day that ensures receipt by every English quarter day, 2 years, Barclays staff pay day.
I remember that Yorkshire Bank also used to offer a similar long list of options, but many banks limit you to just a few.
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Willing2Learn said:I believe that if the SO date falls on a day that doesn't exist, due to it being a shorter month, then it will be processed on the next working day (1st of the following month).
IMO it is always better to set it up for 1st of month or later.1
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