Bank giro credit

I received a bank giro credit payment 7 days ago and it's still pending. How long will it take to clear? 

Comments

  • baser999
    baser999 Posts: 1,237 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Depends entirely on your bank. If it was a cheque, bear in mind there’s been a weekend and if it’s based on working days . . . Tried contacting them?
  • J546
    J546 Posts: 10 Forumite
    Name Dropper First Post
    It's something I get every 4 weeks but it's a bank giro credit this time. 
  • flo22
    flo22 Posts: 364 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    FPS, Bacs and cheques paid in will show as BGC it's just the default for inbound payments
    30+ years working in banking
  • J546
    J546 Posts: 10 Forumite
    Name Dropper First Post
    I'm wondering when it will clear as its still pending
  • flo22
    flo22 Posts: 364 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    You need to contact your bank and ask them
    30+ years working in banking
  • pridehappy
    pridehappy Posts: 340 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    I usually find with Virgin Money and Nationwide my bank giro credits usually clear instantly or at least within 1-2 days, and that's my employer depositing my pay. However, cheques etc show as different on my account and take a little longer to process. The time required can vary per bank, so I'd check with them and ensure there are no issues if it's taking longer. A simple phone call can fix it for you.
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