Monzo

sassy_one

Asking on behalf of someone, who has tried to speak to Monzo but got sense from them.


If you are due a BACS for Monday, what time today will it show in your feed, as tomorrow would be eligible for paid early but they say normally it shows in feed as incoming today ready for available early pay tomorrow.

Thanks

Fighter1986

It will appear tomorrow and be available for early pay from 16:00 tomorrow. 

born_again

A lot will depend on when it is paid by the other party.

Armorica

born_again said:

A lot will depend on when it is paid by the other party.

I don't understand. Bacs is a fixed three day clearing cycle and the OP says Monday? As long as the sender submitted by 22:30 on Thursday, and there was no issue and no recall or reversal, anything else the sender might do has no bearing on when it will appear on the receiver's account with Monzo?

The system trickle-feeds data to the receiving banks relatively early - should all be received before the world wakes up on Friday. But this timing/process largely depends on parameters set by the receiving bank.