Quizzes & Puzzles0 min ago
If Wages Are Processed On 22Via Bacs Wen Will They Clear
1 Answers
.
Answers
Only 1 answer
Best Answer
No best answer has yet been selected by Jojobloggs. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
BACS payments take 3 working days to clear, with the day of processing counting as 'Day 1'. So, in your case, 'Day 3' (when the payment clears) will be the 24th of this month.
However, if your question relates to future payments as well, you need to remember that weekends and bank holidays aren't 'working days', so (for example) if the 22nd is a Friday, the payment won't clear until Tuesday 26th. (There could be longer delays around Christmas. e.g. if Dec 22nd is a Friday, the payment won't clear until Dec 28th).
If the 22nd falls at a weekend most employers would process the payment on the preceding Friday but some might leave it until the Monday.
However, if your question relates to future payments as well, you need to remember that weekends and bank holidays aren't 'working days', so (for example) if the 22nd is a Friday, the payment won't clear until Tuesday 26th. (There could be longer delays around Christmas. e.g. if Dec 22nd is a Friday, the payment won't clear until Dec 28th).
If the 22nd falls at a weekend most employers would process the payment on the preceding Friday but some might leave it until the Monday.
Only 1 answer
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.