I’m struggling to find an answer to the following question. With the bank I work it this information is common knowledge but both HSBC and Nationwide have given ridiculous answers that I hope aren’t correct.
When does HSBC and Nationwide pay in salaries? HSBC told me it was between midnight and 6am. Nationwide said anywhere from midnight to 6pm? This seems odd as banks have control of when they add BACS credits in so 6 or 18 hour windows seems unlikely. By my understanding all banks know at least one day before that a credit will be going in the next day.
To be clear I’m not talking about faster payments I’m talking about BACS Credits.
Thanks in advance all!