We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Unpaid wages through redundancy from insolvency service

Hi all, i was wondering if anyone had any experience with the unpaid wages services. I submitted my claim and got a letter stating they have paid the money on the 8th. It says 10 working days, can anyone confirm how long there's took to reach there bank account from the paid date? 

Thanks

Comments

  • MyRealNameToo
    MyRealNameToo Posts: 4,770 Forumite
    1,000 Posts First Anniversary Name Dropper
    Hi all, i was wondering if anyone had any experience with the unpaid wages services. I submitted my claim and got a letter stating they have paid the money on the 8th. It says 10 working days, can anyone confirm how long there's took to reach there bank account from the paid date? 

    Thanks
    "Paid the money" probably means the claims department have approved that it be paid but it has to go to the finance team to physically make the payment hence the 10 day SLA. In that team it's probably still a 4 eyes process so not just someone logging into the bank portal and telling them to send £X to your account details. 

    Can't help with real life timescales unfortunately.
  • anniecave
    anniecave Posts: 2,493 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    Assuming that's bank or usual Monday to Friday working days then 10 working days from 8th July takes you through to 22nd July

    Indecision is the key to flexibility :)
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.3K Banking & Borrowing
  • 254.7K Reduce Debt & Boost Income
  • 455.9K Spending & Discounts
  • 247.9K Work, Benefits & Business
  • 605.1K Mortgages, Homes & Bills
  • 178.8K Life & Family
  • 262.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.