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Old 18-08-2005, 14:38
potatolegs
 
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Hello

A direct debit is due to come out of my account on the 27th August.

This is Saturday.

When will the money come out.

Please dont tell me before the 26th

Have a nice day
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Old 18-08-2005, 14:40
scn123
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The first working day after that.
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Old 18-08-2005, 14:40
PamelaL
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I think it will come out on Saturday.
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Old 18-08-2005, 14:41
andyk481
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generally (though it depends on the company) the direct debit will be taken on the first working day after the weekend. certainly this has always happened with mine, so i expect you will be fine!
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Old 18-08-2005, 14:42
Joyitude
 
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A Standing Order would leave on the Saturday but a Direct Debit leaves the first banking day after a non-banking day. This would mean Monday 29th.
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Old 18-08-2005, 14:42
PamelaL
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See what do I know.
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Old 18-08-2005, 14:42
scn123
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Originally Posted by PamelaL
I think it will come out on Saturday.
No - Weekends don't count - It will come out on the Monday - Trust me.
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Old 18-08-2005, 14:43
lawrenma2
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But the DD is applied for 3 days before the payment is due so be careful they don't charge you if you're thinking of withdrawing the amount needed.
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Old 18-08-2005, 14:44
Joyitude
 
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It actually wont leave until Tuesday 30th as Monday 29th is the August Bank Holiday everywhere except Scotland.
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Old 18-08-2005, 14:45
midsguy
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I'm with Natwest and always have this problem. My DD will always come out on the Fri/Sat prior to Bank Holiday.

I'd check with the bank but mine NEVER come out after the Bank Holiday.
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Old 18-08-2005, 14:47
DerekP
 
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Originally Posted by cifpower
It actually wont leave until Tuesday 30th as Monday 29th is the August Bank Holiday everywhere except Scotland.
The banks don't work up here either. Everyone else does
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Old 18-08-2005, 14:47
scn123
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Originally Posted by midsguy
I'm with Natwest and always have this problem. My DD will always come out on the Fri/Sat prior to Bank Holiday.

I'd check with the bank but mine NEVER come out after the Bank Holiday.
HSBC (the listening bank )take it after the holiday.
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Old 18-08-2005, 14:48
andyk481
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does the op want to borrow some cash just in case?
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Old 18-08-2005, 14:49
scn123
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Originally Posted by andyk481
does the op want to borrow some cash just in case?
Shall we have a whip round?
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Old 18-08-2005, 14:50
20something
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If i have a direct debit due to to come out on a saturday sunday or monday it will usually come out on the saturday but comes up as a transaction in course till the tuesday.Meaning it could still be reversed and if you didn't have money in your account to cover it you could still put it in on a monday morning with no charge as it hasn't properly came off your account.

Well thats what happens with my bank anyway
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Old 18-08-2005, 14:51
potatolegs
 
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LOL - I will go overdrawn a bit and I dont want to givve the bank anymore of my hard earned cash!!

Grr to them!! He He!!

Thanks for the info all!!
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Old 18-08-2005, 14:52
midsguy
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Originally Posted by 20something
Well thats what happens with my bank anyway
Natwest by any chance?
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Old 18-08-2005, 14:53
20something
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Originally Posted by midsguy
Natwest by any chance?

royal bank of scotland
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Old 18-08-2005, 14:53
Joyitude
 
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Originally Posted by 20something
royal bank of scotland
who bought NatWest a year or two ago
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Old 18-08-2005, 14:54
midsguy
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Originally Posted by 20something
royal bank of scotland
Same company - their systems must be the same
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Old 18-08-2005, 18:29
Bossyboots
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The direct debit goes out when the collecting bank applies for it. It always seems on my account that payments that should go in when the date falls on the weekend always go in afterwards and the payments that should be going out, always go out before.
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Old 18-08-2005, 19:30
BexTech
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Originally Posted by potatolegs
LOL - I will go overdrawn a bit and I dont want to givve the bank anymore of my hard earned cash!!

Grr to them!! He He!!

Thanks for the info all!!
Should get an overdraft facility, most banks offer them for free, stops you worrying about going overdrawn then. I haven't had to use my overdraft facility for many many years, but it's there just in case.
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Old 18-08-2005, 21:11
Shelley Fabares
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royal bank of scotland


Same company - their systems must be the same



who bought NatWest a year or two ago


-----------


When I went into an RBS to withdraw money over the counter in cash from a Nat West account I was told they couldn't do it over the counter as it was two separate systems.
I could however use a Nat West cashcard in the RBS cash machine outside the door.
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Old 18-08-2005, 21:14
potatolegs
 
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Originally Posted by BexTech
Should get an overdraft facility, most banks offer them for free, stops you worrying about going overdrawn then. I haven't had to use my overdraft facility for many many years, but it's there just in case.
I have got one but they charge 15% interest, and I dont want them to have ANY of my money lol!!

Im just being mega tight lately.
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Old 19-08-2005, 05:38
BexTech
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Originally Posted by potatolegs
I have got one but they charge 15% interest, and I dont want them to have ANY of my money lol!!

Im just being mega tight lately.
15% for a couple of days is going to be pennies, better than 20+ . 15% is a little high though.
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