Switching service - salary

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1

Hi

I have initiated the switching service and I was just wondering about my salary. It seems to suggest that my salary will be deposited into my Monzo account but I am not sure. Do I need to inform my employers about my new details or will the switching service cover this?

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2

Just let them know your new account details however if they send it to your old account then the CASS service will forward it on to the new one

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3

You don’t need to do anything - CASS moves it all

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4

You employer wont necessarily update your bank details, its not automatic.

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5

You shouldn’t need to tell them. However, If you do tell them, you’ll know they’ve been told, so any problems can be directed to your payroll dept.

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6

This!

Tell your payroll dept anyway, better safe than sorry!

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7

Same here. Mine weren’t updated instead they continued to go to my old account, which automatically got forwarded to my new one.

I believe it only works for certain period of time and I remember discussing and updating my details with my employer recently :scream: So you’re best off double checking :slight_smile:

8

This is correct. The employer is only informed of the new details. There’s nothing which enforces them to use them. Hence why it’s important to let them know.

9

OK great, thanks for the heads up. I have let my accounts team know, hopefully they can get it done before the next payroll.

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10

You’ll have plenty of time to update them, so don’t panic. The CASS will forward all payments to your new account for 3 years after the switching date. :+1:

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11

Hi, were your payments automatically redirected on the day your salary was due?

12

Yes if I remember correctly :slight_smile: