Bank Holidays and payments

Modified on Thu, 22 Jun 2023 at 05:56 PM

Every month your payments are scheduled to come out on the same day. However, when there is a bank holiday, some payments will be delayed due to the loss of a working day. You can find out when the next bank holidays are on the government website. This article will explain how this affects you.


How do Bank Holidays affect my direct debit payments being taken?


If your scheduled monthly Direct Debit payments fall on a bank holiday, there will be a delay to when this payment is taken. Typically, it will be taken the next working day. For example, if your payments are scheduled to be taken on the 2nd of every month, as 2nd June is a bank holiday your payments will be taken on the next working day, Monday 6th June.


Payments are also not taken at weekends so there is the potential for a delay of up to 4 days between your usual payment date and the date your payment will actually be taken but please be assured that payment will still be taken.


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