From: Alex
Newsgroups: uk.finance
Subject: Re: Direct Debits
Date: 4 Jan 2005 16:34:35 GMT
Without a hint of irony, "Lo Salt" astounded uk.finance
on 04 Jan 2005 by announcing:
> Hi there,
>
> Does anyone know what time of day Direct Debits come out of a Bank Account?
> I'm with the Halifax if this helps...
I'm pretty sure it depends on the bank.
> Also, how long does it take for Direct Debits take to get to the receiving
> bank?
You don't normally need to worry about this. They should claim the DD in
time for it to reach them by whatever date they deem necessary. It's
normally processed 3-5 working days in advance of the actual debit.
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