Your selected question
Q:
What are the cut-off and payment release times for Bulk standard domestic payments?
A:
Cut-off timesHere are the cut-off and payment release times for Bulk standard domestic payments:
Cut-off times
Immediate bulk payment (IBULK) | 23:45 |
Next-day bulk payment (NBULK) |
23:59 |
Future-dated bulk payment (FBULK) | 23:59 |
Payment release times - when the bank will attempt to send the payments to the beneficiaries banks.
All times are based on sufficient funds being available on the account the payments are being made from.
Immediate bulk payment (IBULK) | Near real-time |
Next-day bulk payment (NBULK) |
Overnight from 02:00 in most cases, for payments authorised before 18:00. After 08:00 on the day they are due to arrive if they are:
or
or
|
Future-dated bulk payment (FBULK) |
Overnight from 02:00 in most cases. After 08:00 on the day they are due to arrive if they are:
or
Note: If you do not authorise your payment until the day before it is due to arrive the release time for a Next-day bulk payment (NBULK) will apply. |
*the same principal applies over Bank Holidays