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Pay and Direct Debits

  • 29-09-2012 6:07pm
    #1
    lindseys
    Registered Users, Registered Users 2 Posts: 10 ✭


    Hi,

    I'm just looking for some advice please.

    I have just been switched to monthly pay in work, I will be due to be paid on the 28th of each month. However my direct debits come out of my bank account on the same date.

    Will this be ok or should I try to change the direct debits?

    My pay is definately in my bank account by 7 AM i'm not sure exactly what time the money is put in though.

    Any advice would be greatly appreciated.

    Thanks
    Tagged:


Comments

  • #2
    BuffyBot
    Registered Users, Registered Users 2 Posts: 24,924 ✭✭✭✭BuffyBot


    It would be up to the companies involved as to whether they can change the date their debits come out. It may or may not be possible depending on how they are set up.

    Theoretically it should be ok if everything comes in and out as planned though!


  • #3
    wmpdd3
    Registered Users, Registered Users 2 Posts: 9,625 ✭✭✭wmpdd3


    I always kept DDs for the 28th of the month, we were always paid on the 27th and still there were problems, ie Bank Holiday etc, money taken early / late. I had to keep a total of my 2 biggest DDs in the account all month long. I refused to take an overdraft.


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