Generally, scheduled payments such as direct debits that fall on a weekend/Bank Holiday are not actioned until the first working day following the weekend/Bank Holiday.
Is this true for scheduled payments from a Tesco Savings account to an account at another bank?
That is:
A “now” payment from a Tesco savings account to another bank account is virtually instantaneous, whether the day be a working day, a weekend, or a Bank Holiday.
But what if the payment is a “scheduled” payment that falls on a weekend/Bank Holiday?
Will the payment take place on the day scheduled regardless of it being a weekend/Bank Holiday (similar to a “now” payment) or delayed until the following weekday (similar to a direct debit)?
Is this true for scheduled payments from a Tesco Savings account to an account at another bank?
That is:
A “now” payment from a Tesco savings account to another bank account is virtually instantaneous, whether the day be a working day, a weekend, or a Bank Holiday.
But what if the payment is a “scheduled” payment that falls on a weekend/Bank Holiday?
Will the payment take place on the day scheduled regardless of it being a weekend/Bank Holiday (similar to a “now” payment) or delayed until the following weekday (similar to a direct debit)?
KellyT
