Redundancy Payment Service

BonJonBovi

My ex employer has gone into liquidation and I received a letter last week from the liquidator with details on how to claim unpaid wages.

I'm owed 2 months plus my statutory notice pay.  I've submitted form RP1 using my CN reference provided by the liquidator.

Does the Insolvency service pay out relatively quick? It says upto 6 weeks but wondering if people get paid much quicker than that 

Thrugelmir

Will depend on work load and available staff etc etc. Six weeks will be quoted to manage expectatations. 

BonJonBovi

I was advised payment was sent to my bank yesterday (Wednesday) and they mentioned it can take upto 10 working days. Seeks a bit long for a BACS payment, should I be receiving it within the next few days?

Thrugelmir

BonJonBovi said:

I was advised payment was sent to my bank yesterday (Wednesday) and they mentioned it can take upto 10 working days. Seeks a bit long for a BACS payment, should I be receiving it within the next few days?

A BACS payment doesn't take 10 days. I'd assume that the payment is being processed and has to pass various stages of authorisation. Before finally being released.