Christmas / New Year BACS payment schedule

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Christmas / New Year BACS payment schedule

Post by richard@imutual » Fri Dec 20 2013 12:57pm

As you may be aware, our normal weekly BACS payment schedule is as follows:
Any payment requests made up to 07:00 GMT (7am) on Tuesday should arrive in your bank account within 2-3 working days (i.e. by Friday). *. If your request is submitted after 07:00 GMT on Tuesday, the payment will arrive by the end of the following week

* If Tuesday is a bank holiday, the schedule slips to the next working day
With two bank holidays next week, this would normally mean that BACS payments requested by 7am on Tue 24th wouldn't reach your account until Mon 30th. However, if you can submit your request before 6pm on Monday 23rd December we will endeavour to get the money into your account by Friday as normal. :thumbup:

The following week will return to normal; despite the bank holiday on Jan 1st, payments requested by 7am on Tue Dec 31st should reach your account by Fri 3rd Jan.

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Re: Christmas / New Year BACS payment schedule

Post by expressman33 » Fri Dec 27 2013 5:30pm

what about paypal payments ?
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Re: Christmas / New Year BACS payment schedule

Post by duchess » Sat Dec 28 2013 4:58am

expressman33 wrote:what about paypal payments ?

Requested paypal payment 23rd Dec received 27th Dec. :thumbup:
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Re: Christmas / New Year BACS payment schedule

Post by expressman33 » Sat Dec 28 2013 10:28am

received Fri evening :thumbup:

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Re: Christmas / New Year BACS payment schedule

Post by Luke_PieStalker » Thu Jan 02 2014 6:37pm

Was the BACS payment run for payments due to go in 31st Dec completed? Says paid on my imutuals account but nothing in the bank as of yet?

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Re: Christmas / New Year BACS payment schedule

Post by kevinchess1 » Thu Jan 02 2014 6:40pm

Luke_PieStalker wrote:Was the BACS payment run for payments due to go in 31st Dec completed? Says paid on my imutuals account but nothing in the bank as of yet?
richard@imutual wrote:
The following week will return to normal; despite the bank holiday on Jan 1st, payments requested by 7am on Tue Dec 31st should reach your account by Fri 3rd Jan.
Politically incorrect since 69

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Re: Christmas / New Year BACS payment schedule

Post by Luke_PieStalker » Thu Jan 02 2014 7:29pm

But i requested on 24th Dec.

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Re: Christmas / New Year BACS payment schedule

Post by Richard Frost » Thu Jan 02 2014 7:33pm

Luke_PieStalker wrote:But i requested on 24th Dec.
If you read the post by Richard at the top of the forum you will see that the 24th was too late for the cut off therefore you missed the Christmas payment run. So it should automatically be paid in the New year payment run. Which should be in your bank tomorrow Friday 3rd.
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Re: Christmas / New Year BACS payment schedule

Post by richard@imutual » Thu Jan 02 2014 7:53pm

Luke_PieStalker wrote:But i requested on 24th Dec.
I can confirm that your payment was included in the payment run this week and should hit your account tomorrow :thumbup:

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Re: Christmas / New Year BACS payment schedule

Post by Luke_PieStalker » Thu Jan 02 2014 8:21pm

richard@imutual wrote:
Luke_PieStalker wrote:But i requested on 24th Dec.
I can confirm that your payment was included in the payment run this week and should hit your account tomorrow :thumbup:
Jubbly.

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