I’ve no idea if any UK bank currently offers this option at all…
When scheduling future payments (such as Standing Orders) could we also specify a time, in addition to a date?
I’m paid on the last working day of the month, so have most of my Direct Debits & existing Standing Orders set-up for the 1st of the next month.
However, when payday occurs, I may need to payback irregular ad-hoc payments, which I’d like to leave my account asap (so I know where I am with my money).
So, this month, my wage is going to be paid by BACS on November 30th. There’s a one-off payment I wish to schedule on that actual date.
For whatever reason, my salary doesn’t always clear at midnight, on my payday. It’s usually no earlier than four a.m., but can be as late as midday sometimes.
I’m assuming that this is due to overnight maintenance by banks. (???)
I’d feel more confident that a scheduled future payment will definitely be made, if I could schedule a time such as 15:00hrs on my chosen date.
Would anybody else find a time option beneficial?
The option could be added as a default of 00:00hrs, and only overtyped by those whom want to schedule a specific time.