Skipton Building Society

veryintrigued

milton1970 said:

On back of the auto payment point above - has anyone experience of weekend withdrawals (non working day) from Skipton through online service. Do they go same day or hold until Monday ?

TIA

I'll be doing what 1882 suggested above i.e. making the instructions to withdraw today (and before late afternoon) to ensure they arrive today and are there for Sat/Sun and first thing Mon.

Else you risk being overdrawn

wiseonesomeofthetime

milton1970 said:

On back of the auto payment point above - has anyone experience of weekend withdrawals (non working day) from Skipton through online service. Do they go same day or hold until Monday ?

TIA

You cannot set a scheduled payment for a weekend, so I would assume that the payment would not leave your account until next working day, if your SO falls on a weekend.

surreysaver

milton1970 said:

On back of the auto payment point above - has anyone experience of weekend withdrawals (non working day) from Skipton through online service. Do they go same day or hold until Monday ?

TIA

If you make a payment outside of banking hours, the payment will be made on the next working day 

Speculator

Speculator said:

Got to remember to transfer money to my Santander 123 lite during working hours on a Friday (to fund my numerous Regular Savers) if the standing orders go out on a Monday.
Will probably keep enough money to fund one months standing orders in my BOS Vantage/Lloyds club/Marcus just in case I forget.

Doing my transfer now for Regular payments going out Monday.
Going to transfer it to 3 x BOS vantage because transfer from BOS to Santander is instant 24/7.
If I did forget, I will need to change the standing order date to 3/11 on over 50 standing orders! 

schiff

milton1970 said:

On back of the auto payment point above - has anyone experience of weekend withdrawals (non working day) from Skipton through online service. Do they go same day or hold until Monday ?

TIA

Weekend withdrawals are dealt with on the next working day.

Yorkshire_Pud

milton1970 said:

On back of the auto payment point above - has anyone experience of weekend withdrawals (non working day) from Skipton through online service. Do they go same day or hold until Monday ?

TIA

Hold until Monday unless it’s a bank holiday, Skipton only do payments on working days.

Speculator

A quick reminder to transfer money for standing orders leaving your current account on Monday.

where_are_we

This is one of the few downsides to the S7 ie payments are only executed on working days. We have more than £10k going out of our current account on Monday to fund the regular savers - loss of about a £1 in interest is bearable.

veryintrigued

where_are_we said:

This is one of the few downsides to the S7 ie payments are only executed on working days. We have more than £10k going out of our current account on Monday to fund the regular savers - loss of about a £1 in interest is bearable.

I have similar but I slide the amount into my next best paying C/As today and then onto the C/A where the s.o's are withdrawn from on Sunday.

Takes a couple of mins max if you have that option.

Ed-1

veryintrigued said:

where_are_we said:

This is one of the few downsides to the S7 ie payments are only executed on working days. We have more than £10k going out of our current account on Monday to fund the regular savers - loss of about a £1 in interest is bearable.

I have similar but I slide the amount into my next best paying C/As today and then onto the C/A where the s.o's are withdrawn from on Sunday.

Takes a couple of mins max if you have that option.

Is it really worth looking like a laundering risk for a quid?