Personal Finance

monthly salary

Hi , I dont know if anyone can help me?

If your due to get paid the day after a bank holiday Monday will I get paid the Friday before? Or can they process the salary for the Tuesday?

rach28 Thurs 22/05/08 14:49

<< Previous

Next >>

Subscribe to question

Post an Answer

eyebrows
Thurs 22/05/08
14:50

arks you payroll department init bruv

squarebear
Thurs 22/05/08
14:51

You should get paid on the working day before, in this case Friday. We get paid on the 18th of each month and if it falls on a weekend, like this month, it goes into our banks on the Friday before.

joannie10
Thurs 22/05/08
14:53

I maybe misreading your post but if you are due to get paid the day after the bank holiday, ie the Tuesday I would believe you will still get paid on the Tuesday. If you are due to get paid on Monday 26th you would get paid tomorrow Friday 23rd.

squarebear
Thurs 22/05/08
14:55

No because the banks process at midnight and won't be processing during the bank holiday. If you get paid on Tuesday, the money should be in on Friday.

rach28
Thurs 22/05/08
15:01

Question Author

that was what I thought squarebear..thanks

anniebird
Thurs 22/05/08
15:20

The banks can cope with payments going into the accounts on the day after the Bank Holiday. I always prepare the payroll one day earlier and set the processing date (normally the day before the money is due in everyones accounts) to the Friday. This ensures that the money arrives on the due day namely the Tuesday. If the money is due on the Bank Holiday (or Saturday/Sunday) I always process the payroll so that it arrives in the employees bank account on the Friday.

Sammy Snake
Thurs 22/05/08
15:24

It will definately be Tuesday, it makes no difference that Monday is a bank holiday. I worked for a Bank for 17 years so I do know what I am talking about.

BUT depending on who you Bank with, you should be able to access the cash on Saturday - definately if you bank with NatWest you will.

rach28
Thurs 22/05/08
15:28

Question Author

oh right thanks for your answers guys.

I bank with LLoyds Sammysnake

squarebear
Thurs 22/05/08
15:28

You'll have to post here on Tuesday Rach and let us know when you got it :-)

rach28
Thurs 22/05/08
15:29

Question Author

will do x

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark

Most Recent

Most Recently Answered

All Unanswered

All Answered