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What time does a social welfare payment go in to account?

  • 08-09-2016 10:04PM
    #1
    Registered Users, Registered Users 2 Posts: 25,251 ✭✭✭✭


    Does anyone know exactly what time a welfare payment is credited to a bank account?

    I would have thought it was midnight but apparently this is not always the case. It does not show up on a bank statement exactly what time the payment was made either.

    Any idea?
    Thanks.


Comments

  • Registered Users, Registered Users 2 Posts: 397 ✭✭js35


    Hi there
    Not 100% but I think it's normally between 2-3am


  • Closed Accounts Posts: 23,862 ✭✭✭✭January


    Depends on what time your bank processes it's payments nightly. With ptsb it's usually around 4am. Before sepa it was usually before midnight the night before it was due.


  • Registered Users, Registered Users 2 Posts: 118 ✭✭marguerite2000


    Mine is in my bank at approximatly 21.45 pm on a tuesday night ,,,,my payment day is wedensday,,,,if your bank has a smartphone app ,,you can check with it .


  • Registered Users, Registered Users 2 Posts: 76 ✭✭afriendlyshark


    Do s.w payments only go into your bank account when you've a part-time job? I was collecting in the post office until I got a part-time job recently, and it'll be going into my bank account from now on - does anyone know when it usually does? I asked in the office but the woman said she didn't know. Thank you


  • Registered Users, Registered Users 2 Posts: 118 ✭✭marguerite2000


    I dont know with regards jobseekers ,,some one else may though,,im on Dissability Allowance so its different system.


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  • Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭Stheno


    Depends on the bank and when they process transfers, I'm with ULster Bank and it's usually no later than nine thirty the evening before when I get lodgements into my account such as salary etc.


  • Registered Users, Registered Users 2 Posts: 76 ✭✭afriendlyshark


    Stheno wrote: »
    Depends on the bank and when they process transfers, I'm with ULster Bank and it's usually no later than nine thirty the evening before when I get lodgements into my account such as salary etc.

    Thanks Stheno - what day is it usually? I assume thursday evening/friday?


  • Registered Users, Registered Users 2 Posts: 1,871 ✭✭✭Karen23


    I'm with PTSB, mine goes in at midnight on Monday night going into Tuesday.


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