Does anyone know if it definitely will be the 23rd for the get paid early for payments due 28th? Really worrying that I won’t actually get paid before Christmas
If you get paid by BACS and if your usual payment date is the 29th then it should show in the app on the 28th. You’ll need to tap into it and manually get the money from 4pm!
Im due paid the 4th January so in theory should go in my account on the 3rd which is a bank holiday in scotland does anyone know if will get this payment early? Tia x
Monzo allow you to claim a BACS payment from 4pm onwards, on the working/non-bank-holiday day before it is credited to your account. If it’s due to be credited on the 3rd, then you’ll be able to claim it at 4pm today - as per the chart in the first post in this thread
Logic applied:
If due on the 3rd, you can claim 4pm+ on the 2nd. But the 2nd is a bank holiday, so you can claim 4pm+ on the 1st. But the 1st is a Sunday, so you can claim 4pm+ on the 31st. But the 31st is a Saturday, so you can claim 4pm+ on the 30th - today. Kerching
Apart from its due to be credited on the fourth, based on the above.
BACs day 1 is today
BACs day 2 is the 3rd (because BHs don’t count) when it should be available
BACS DAY three (normal crediting) would be Jan 4th for a payment that started today
(Edit actually isn’t there a day 0 too or am I misremembering that but, it’s been a while!)
Ah yes, I was working back from the 3rd, rather than working forward from the BACS payment being sent today!
EDIT: @Gradders - is the payment showing in your Monzo feed (greyed out) now/today - shown under a group title of ‘4 days from now’? If it is, you can claim today after 4pm. If not, it can’t be claimed until after 4pm on the 3rd.