monthy contract time

[Anonymous]

Time money goes out of bank

[Anonymous]

Hi and welcome to the forum,

Can you explain a bit more !

Do you mean your Direct Debit

[Anonymous]

What time does the money usually go out of your bank when using o2 contract

[Anonymous]

It can be any time on the day of your direct debit.

My dd are sometimes at midnight.

[jonsie]

Most banks pay direct debits at 00.01 on the date it's due.

[davethorp]

Your direct debit goes out 2 weeks after a bill has been generated normally. The time of day it goes out varies from bank to bank but is usually overnight. Santander for example update anytime between 9 and midnight. Natwest usually update at 2am. Lloyds update at various times of day depending on the type of transaction. Just to give a few examples

[Anonymous]

The bank is shut till Monday and my bill isn't till Monday I've got money on me but won't be able to put it in the bank till Monday

[davethorp]

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@Anonymous wrote:
The bank is shut till Monday and my bill isn't till Monday I've got money on me but won't be able to put it in the bank till Monday

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Which bank is it. A lot offer a grace period where if you pay money in by 3pm (varies from bank to bank) to cover a direct debit it will still clear

[Anonymous]

Santander

[Anonymous]

Best advice I can give is just ensure the funds are there and let the direct debit take it's course.