TM Forums
Back to search

Automatic payment-how can I tell?

#Post
1

If you set up an automatic payment or rent-for example to be paid on Friday(same bank transfer-both LL and tenant use the same bank so the transfer is instant)-what time on the day does it go through by default? Midday? 4 p.m?
Is there any way to find out? Thank you

evoalg - 2021-11-06 14:38:00
2

Have a look at your banks conditions, probably by midnight.

msigg - 2021-11-06 14:46:00
3

ANZ, for example, take the funds out at 4AM on the payment day and credit them immediately to the other ANZ account - so instant.

https://help.anz.co.nz/app/answers/detail/a_id/134

But check for your own bank.

sparkychap - 2021-11-06 15:00:00
4

With ANZ- to ANZ accounts, on a business day, money is taken from your account from 4am and sent to the account you are paying immediately.

inatiz - 2021-11-06 15:02:00
5

thank you everybody, will contact the bank. You guys are such a well of wisdom and I will miss asking for your advice when this MBcloses...

evoalg - 2021-11-06 16:20:00
6
evoalg wrote:

thank you everybody, will contact the bank. You guys are such a well of wisdom and I will miss asking for your advice when this MBcloses...

Head over to ********.com where a few of us have set up stalls....

sparkychap - 2021-11-06 17:54:00
Free Web Hosting