Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What happens if my lump sum payable date falls on a weekend?

April 26, 2017falls happens lump Payable weekend

0

Posted

What happens if my lump sum payable date falls on a weekend?

1 Answer

0

Posted

A. We cannot process a BACS transaction on a weekend nor can we pay a lump sum before it is due. This means that if the payment date of your lump sum fall in a weekend then it will be paid the following Monday, unless this is a Bank Holiday when it will be paid the day after.