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Direct debits going early?

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Old 30 June 2018, 10:41 AM
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alcazar
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Default Direct debits going early?

I have quite a few dd's which are for the first of the month.


This morning I went online to transfer funds abroad, and was shocked that more than six have been paid on 29th June.What's that all about?
Old 30 June 2018, 11:18 AM
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Don Clark
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Check with your bank, if a payment is due on a weekend some pay it on the previous Friday, some on the Monday
Old 30 June 2018, 12:55 PM
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It’s common practise to do that, the money needs to come out so what difference can a couple of days make.
Old 30 June 2018, 01:34 PM
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I dunno Steve.
What if I/my wife don't get paid until the 1st of the month? Which she does...mine, being a pension, is 4th of the month. Won't I then incur bank charges?
Old 30 June 2018, 01:57 PM
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If your planning to transfer money knowing the account won’t get extra funds till the 1st and the 4th wouldn’t that be your fault if you got bank charges for not being able to manage your finances properly?
Old 30 June 2018, 02:55 PM
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There's always a give or take of 4 days.
Old 30 June 2018, 04:18 PM
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albob
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My payday is the 1st -- July's hit my bank account yesterday

Has your wife's wage not hit her account yet ??

Last edited by albob; 30 June 2018 at 04:20 PM.
Old 30 June 2018, 04:39 PM
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Originally Posted by stevebt
If your planning to transfer money knowing the account won’t get extra funds till the 1st and the 4th wouldn’t that be your fault if you got bank charges for not being able to manage your finances properly?

Sigh...how can it be MY fault when DD's scheduled to go out on the 1st of the month have all been taken on the 29th of the preceding month?


Of course I'd check before sending money anywhere.


But as I said, my wife gets paid on the 1st. The bank really had NO RIGHT to presume and send out DD's three days early. ONE day late would have been better.
Old 30 June 2018, 04:56 PM
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Originally Posted by alcazar
Sigh...how can it be MY fault when DD's scheduled to go out on the 1st of the month have all been taken on the 29th of the preceding month?
Of course I'd check before sending money anywhere.
But as I said, my wife gets paid on the 1st. The bank really had NO RIGHT to presume and send out DD's three days early. ONE day late would have been better.
Questions:
1) Tomorrow is the 1st (a Sunday) - how is your wife being paid - cash in hand/cheque??
2) You get paid on the 4th - what happens when the 4th falls on a weekend??
Have you read your Banks terms and conditions lately ??
Old 30 June 2018, 06:28 PM
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1.Yes, she's been paid.
2. No idea. I THINK it comes in next week. CERTAINLY NOT early.


No...why? Surely if a DD is set up for 01/xx/20xx it should NOT go out on 29/xx-1/20xx???? It should go a day LATE if anything. The recipients have had TWO payments in one month at this rate.
Old 30 June 2018, 11:40 PM
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Banks are gangsters mate
Old 01 July 2018, 10:30 AM
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How would you feel if you were due to be paid on a Friday but they decided to pay you on a Monday instead? As by your logic “ it should be a day late if anything”.

No firm is going to take a payment late so every time your payment date falls on a weekend the DD’s will go out early.

All my payments are set for 1st of month and when you look at a statement sometimes you think bloody hell I spent a lot of money untill you realise there was two sets of payments taken that month.


Originally Posted by alcazar
1.Yes, she's been paid.
2. No idea. I THINK it comes in next week. CERTAINLY NOT early.


No...why? Surely if a DD is set up for 01/xx/20xx it should NOT go out on 29/xx-1/20xx???? It should go a day LATE if anything. The recipients have had TWO payments in one month at this rate.
Old 01 July 2018, 10:55 AM
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Mate, it happens. My pension often comes in late if it falls on a weekend.


But hey....I'm an indiviual who might face thieving bank charges, not a big corporation who could stand to be a few quid short over a weekend....
Old 02 July 2018, 02:10 PM
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urban
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I get paid at the end of each month, if that happens to be a weekend, then I get paid early, never late.

Last edited by urban; 02 July 2018 at 02:13 PM.
Old 02 July 2018, 04:08 PM
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My wife does...but my pension doesn't.
Old 02 July 2018, 04:08 PM
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Don Clark
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A little research - claim the payments back from your bank

https://www.directdebit.co.uk/Direct...tpayments.aspx
Old 02 July 2018, 05:18 PM
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Could do, but they are genuine ones, just couldn't understand why they needed to go early, when I DON'T get my money early.
Old 02 July 2018, 09:20 PM
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In the nicest possible way, I'd hate to be you, you have **** all but have problems throughout life
Old 03 July 2018, 12:10 AM
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Originally Posted by urban
In the nicest possible way, I'd hate to be you, you have **** all but have problems throughout life



Harsh.
Old 03 July 2018, 09:36 AM
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alcazar
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Not harsh at all. If I had no bad luck I'd have none at all.


I once went thirteen WEEKS, ie: 26 draws in the lottery and NOT ONE of my numbers ever came up. Chances are almost as great as winning


And here we are looking at enjoying our retirement together and what happens? wife struck down by some really rare problem and is paralysed from the waist down...with all the associated problems.


Bitter? Who me?
Old 03 July 2018, 11:07 AM
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Blimey.
Old 03 July 2018, 12:51 PM
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Direct debits are initiated by the company you are paying funds to.Your Bank has instruction from you to pay or unpay if you have countermanded payment when DD hits your account.You need to contact business you are paying as they put debit through early.
A standing order however is paid by Bank on date you instructed them to or next working day so they are responsible for s/o being sent on due date.
Old 03 July 2018, 04:22 PM
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alcazar
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Didn't know that.


I rang YB and tyhey told me they are "a forecasting bank"...so they pay stuff early?
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