Bacs Payment into Barclays (Bank Holiday)

mkben5555
mkben5555 Posts: 1 Newbie
edited 7 May 2020 at 6:40PM in Budgeting & bank accounts
Hi all 😀 I’m having  wages paid into my new Barclays account Monday. Somebody said it will clear Friday because they process Bacs credits at weekends. Is that true ??

Comments

  • Shakin_Steve
    Shakin_Steve Posts: 2,812 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Name Dropper
    No. Friday is a bank holiday. My pension, payed in on a Monday, is always shown as a credit on Saturday morning, but is dated on the Monday. It is not cleared money, as you put it, because Saturday is not a banking day.
    I came into this world with nothing and I've got most of it left.
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