I found a few topics similar to this but none recent nor specific to this situation.
I was about to switch my direct debits over to Monzo using the switch service but then realised I am due to receive pay from my job in a weeks’ time. My concern is that my employer will not be able to update my bank details until after this pay run.
My question is: if I switch everything over now, would my wage be redirected to my Monzo account? Is there a period of time after switching to Monzo where all payments received are forwarded to my new account?
Many thanks for your help (apologies if this is a duplicate question)
It’s good to know that it will forward and that the scheme guarantees it, but I will probably wait the week just to avoid any potential issues (as I wouldn’t like to miss any of my payments).