How Old to Open a Bank Account Uk

James makes a living cleaning strangers' toilets. As a professional house cleaner of over 5 years, he loves to share what he has learned.

Money in the Bank: How to Get It Out!

We have all been there: the day before payday and not a penny in our pocket. We know our wages will come tomorrow, but if we could just get our hands on a couple of pounds right now, it would make our last hours of poverty so much easier.

Banks like money, and nine times out of ten they will hold out as long as they can before letting you get your hands on yours. As you know, your wages are paid into your account about a week before payday with instructions from your employer not to actually release the cash before the due date. So why can't banks for once allow us to withdraw a little beforehand? They do know that we are good for it, after all.

I live in the UK and recently changed banks for a better deal. I soon realised that I'd made a mistake. That's because at my old bank, my wages would appear in my account at the stroke of midnight; however, with my new account, I have to wait until 2:30 a.m. for my money to be made available. I decided to find out more about this difference, so this article is a result of my research.

Banks process their accounts at different times during the night, and depending on who you bank with, you can get ahold of your money sooner or later than others.

Scroll down to find out when your bank will make your money available to you.

When Does My Bank Pay Out?

What time of night can you withdraw your money?

Wikimedia Commons Public Domain

What Time Does Your Money Go Into Your Bank Account?

Nat West, Barclay's, Clydesdale, Bank of Scotland, Bank of England, and Santander, to name but a few, are some of the biggest banks in the UK, but when do they update your account and release your funds for withdrawal?

Some banks are actually pretty good and allow you to withdraw your money before midnight by depositing money into your account around 11:30 p.m. Other banks will release your funds at midnight or just a few minutes afterwards. Some banks (like mine) make you wait until between 2:00 and 3:00 a.m., and others will not let you touch your money until at least 6:00 a.m. on payday.

For example, Clydesdale Bank in Scotland releases your funds at 11:30 p.m. the night before payday, while the Hong Kong and Shanghai Banking Corporation (HSBC) waits until 6:00 a.m. to release your money.

When UK Banks Make Deposits Available

Please note that these times were correct at the time of publishing and are subject to change.

Bank	Time
Clydesdale	11:30 p.m (the night before) to 12:30 a.m.
Barclays	1:00-2:00 a.m.
Natwest	2:00-3:30 a.m.
RBS	2:00-3:00 a.m.
Bank of Scotland	12:00-1:30 a.m.
Halifax	3:00-4:00 a.m.
HSBC	6:00-9:00 a.m.
Santander	6:00-9:00 a.m.
Yorkshire Bank	11:30 p.m. (the night before) to 12:30 a.m.
Lloyds	12:00-1:00 a.m.
Ulster Bank	2:00-3:00 a.m.
Nationwide	2:00-3:00 a.m.
COOP	1:00-2:00 a.m.
Metro Bank	12:00 am -2:00 am

Other UK Banks

Please let me know if I have not listed your bank and time and I will add it as soon as possible.

Weekend and Holiday Bank Deposits

• Normally, if your money is due to be released on a bank holiday, you will be able to gain access to it starting the Friday before.
• If your payday is a Saturday, most banks will release your funds on Friday or on Saturday morning.
• If your payday is a Sunday, most banks will release your funds early. Some will release them on the Friday before, whereas others will wait until Saturday.
• If your payday is a Monday, many banks will release your funds on Saturday.

When Will My PayPal Deposit Be Available?

If you are paid through PayPal, they now operate a faster payment service, which means you should have your money in your hands two hours or less after you transfer your PayPal funds to your bank account.

When Will My Benefit Payment Be Available?

Many different benefits are normally paid by direct deposit to your bank: Universal Credit, Personal Independence Payment, Disability Allowance, Basic State Pension, Child Benefit, and Jobseeker's Allowance, to name a few.

The banks' practices in letting you actually use this money seem to be the same as for paychecks, as shown above.

Most of these benefits are sent to your bank every four weeks, every two weeks, or weekly, so they will come in on the same day of the week every time, often a Monday or Tuesday, so you will quickly learn what exact day and time you can expect your bank to turn loose of your money.

If these weekday payments are scheduled to come in on a bank holiday, they are usually paid early: for example, payments due on a Monday that happens to be a bank holiday are usually paid the Friday before.

Universal Credit, which is gradually replacing many other types of benefit payments, is paid once a month, or twice a month in Northern Ireland and (optionally) in Scotland. The second monthly payment, if there is one, is 15 days after the first. So your Universal Credit payment date could fall on any day of the week, including a weekend or bank holiday, but the government promises that if your payment date is a weekend or bank holiday, they will pay you on the last working day before the weekend or holiday.

Read More From Toughnickel

If you sent up a direct debit from your account to pay rent or other recurring expenses, you need to make sure the debit will go out of the account only after the Universal Credit money arrives in it. If you are already behind on your rent you may be able to get an advance payment of Universal Credit to help catch up.

When Do You Get Paid?

This article is accurate and true to the best of the author's knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.

Questions & Answers

Question: What time will my money go into my account if I get paid on a Monday?

Answer: Sometimes you will get your money on a Friday night, and sometimes a Saturday depending on your bank. Some will make you wait until Monday.

Question: What day will my money go into my UK account if my pay day falls on a Saturday?

Answer: Most banks will pay on a Friday/ Saturday morning.

Question: What time will my money go into my account if I get paid on a Thursday?

Answer: It will go in at your normal time as stated in the chart above.

Question: What time are balances from cheques made available on the day they are supposed to be able to be withdrawn?

Answer: At the same time as any other transaction mentioned in the chart.

Tsb on July 20, 2020:

Will I get my midnight payment at 12oclock at midnight with TSB

Stephen on July 13, 2020:

The time banks deposit bank giro credit and automated payments. Santander between 8.45pm to 11pm the day before usually. Natwest rbs and ulster Bank between 2 and 2.30am.tsb 12.10.am usually lloyds Bank 12.15 am usually. Halifax 12.08 am usually barclays 12.01am tesco bank between 2 and 3 am Yorkshire Bank 11.30 pm day before cuttes bank between 2 to 2.30

Paul Edward on July 06, 2020:

You have not listed Royal Bank of Scotland or RBS which is not the same as bank of Scotland.

Can you get their release time?

Jack on June 21, 2020:

Hi, just to let people know santander uk have changed the time they credit accounts ive been with them for around 3 years and usually have my wages in my account by 11pm but most of the time even earlier between 9pm and 10pm

Doug on June 05, 2020:

I bank with Santander and im due to be paid on Monday my money always goes in the night before so when Will I get paid

Brodiereilly19 on April 29, 2020:

Tat time does money go into TSB accounts

Paul Edward on April 27, 2020:

Royal Bank of Scotland or Rbs is not listed and I would like to know the clearance time with them.

Pam on April 12, 2020:

Universal credit called and told me that universal advance payment will be available in a few hours if not check after midnight. This was authorised and put into my account Saturday after 5pm as emergency payment. Its now Easter Sunday and I checked at nationwide atm around midday and nothing has cleared. When is this going to clear

Tina on April 08, 2020:

How long does it take money to clear in the bank if u transfer it from another bank pls

MarkB1983 on April 05, 2020:

Does anyone know if I will be paid this Friday with it being bank holiday Monday and Friday and I'm due to get paid on Tuesday the 14th April?

I bank with Barclays and only been in job for 2 months so not had a pay fall on Monday before. Thanks

Nelly on March 31, 2020:

you didn't mention TSB please, what time do they deposit my money into my account?

Paid by Monzo on February 13, 2020:

I receive my salary into my Monzo account and they pay me my Money the day before it's due at 16:00. I really appreciate this

Doley on February 03, 2020:

Yorkshire , Clydesdale banks and Virgin Money if you get paid on Monday goes into your account on Saturday, shows up on internet banking around 1am, although the money maybe available earlier through the cash machines. Barclays also the same, in on a Saturday just after midnight. I specifically moved banks to enjoy this. Nothing worse waiting a month to be paid, to get it on a Monday.

Jennifer Christo on January 27, 2020:

Can you please tell me when the money is deposited for tsb banks?

As my salary date is on 28/01/2020

Scott on January 26, 2020:

This info is incorrect, I'm with Santander and my money paid by bacs clears as early as 9pm the evening before it is due, sometimes it has been a bit later but generally its between 9pm and 11pm, usually earlier than later.

LewisWindsor on December 20, 2019:

If I bank with Barclays will my wages be available on the Saturday if I get paid on the Monday

Tracey baker on December 19, 2019:

I get payed Monday the 23rd do I get it early

Shane on November 14, 2019:

I get paid on Sunday will I get my money early and what time under Lloyd bank

roxilee on November 08, 2019:

I know this is quite an old article but I'll add to it for anyone else that is looking for their bank as I just did,

Barclays- Monday's benefit money always goes in Friday night and is in by 0.02am

Lloyd's don't pay early at all and it can be as late as 1am

Tsb money is in by five past twelve

Pls note that if your expecting money in your Barclays account if it's not in Saturday there's no point checking Monday as they don't do a Sunday night payment they miss Saturday/Sunday night

Monzo seems to be the best account at the min is your due a payment on say Wednesday you can access it the day before at 4.30pm. Monday's money is available on a Friday at 4.30pm

Stu on November 07, 2019:

Which banks release payments that's due in on a Monday or Sunday early ?

Andy on October 14, 2019:

Santander let me have my money believe it or not anytime between 9 and 11 PM the night before but I recently moved one of my payments to Natwest and have checked my bank at 2:30 and still I'm not paid

Avelina on October 10, 2019:

I bank with starling bank,whats the crediting time for starling bank

Vonners on September 27, 2019:

Does anyone bank with Nationwide? I am due my benefits on a Monday does anyone know when I can withdraw them for example Sunday night and what time? Thanks

Andi b on September 25, 2019:

What about if your money goes into a post office account?

Melissa Atkin on September 02, 2019:

What time does money go in to TSB?

emma vaughan on August 29, 2019:

I get paid on a friday but what time will my money go in to ybs account

Jez on August 29, 2019:

Use the Halifax mobile App. It updates hours before the Halifax website!

Tom on August 15, 2019:

What time does DWP get paid into MONZO bank account?

PAUL ANDREW COLEMAN on August 05, 2019:

EACH BANK has an alocated time to do what is called a batch update, the RBS IS 2.05am till 2.20am during this time you will not be able to use the RBS ONLINE as its at that time they do a batch update, then at 2.30 am another bank does a batch update for 20 minutes its not because they like to hold on to money, its the computer only able to handle this amount. dont forget this is a complicated batch update that contacts every persons bank account all over the world, hence why a bank clearing centre is used, your bank sends the money there and it allows a certain time for that to update your bank.

Aisha Craig on July 28, 2019:

I have an account with starling bank and was wondering what time carers allowance would be in my account?

Abi on July 11, 2019:

What time will my payment clear with metro bank from work

Karen on June 28, 2019:

My pay day is a sunday will i get paid fri or sat im with natwest

gazza on June 19, 2019:

I'm HSBC and i always get mine 1:20am

(except sundays)

Gavin on June 16, 2019:

The times you give for money into nationwide is not accurate. moneys normally clear 12-30am very latest 1am

Kezza from Hull on May 07, 2019:

Hi I am wondering if you can tell me what time my money will clear in Halifax please? I won money on a gaming site and withdrew on Friday but it was the bank holiday so I didn't expect it on the Monday but it's now Tuesday 02.30 pm and it still hasn't cleared can you help please? Thank you.

Nicki Rowland on May 02, 2019:

Im with Tesco and they are the worst bank to be with,I have a disability and they have froze my account for no good reason. Unable to cash a postal order.i would not advise anyone to go with them at all !!!!!!!

Jim on April 17, 2019:

When does pip go in what time on wednesday

Me on April 17, 2019:

I was due ti get mybpip at 9:40 tonight its not in can anyone help

Tash on April 15, 2019:

I'm with nationwide and money normally goes in my bank between 12.20-12.30am it's now 4am and I'm still waiting might just give up and go asleep

Claire on April 13, 2019:

I normally get paid on a Saturday with Clydesdale bank when due my wages on a Monday. Today's the first day that's not been the case. Do they payout on a Sunday night so it's their for Monday?

Ousman on April 07, 2019:

I'm with santander. Wages due in on Monday. Will i get them today (Sunday) ?

Cheneil smit on April 02, 2019:

When does thinkmoney account pays in as am due an hopefully its 12pm not sure as its a new account

Clive on March 25, 2019:

What time do your wage goes into metro bank after midnight please let me know ASAP thanks

Jamie on March 10, 2019:

Santander is always the day before between 8.45 and 10.45 latest

sandy on March 08, 2019:

How long it takes to receive a payment on n26 bank account?

Chris on March 06, 2019:

For me at least, my money goes into my Nationwide account between 12am and 1am.

Andy Jaye on February 26, 2019:

@jordan Lee, my brother is in Santander bank & he is able to get his bacs payment out, from any ATM, at 9:30pm every time its due in, saying that, he's due to be paid on a Thursday & he's able to withdraw his money on Wednesday, the day before, at 9:30pm every time!? Its weird that!?

Sarah on February 14, 2019:

I bank with santander and i have access to my money between 9 and 10pm the night before.

Cieldhi Huey on February 02, 2019:

What time do people receive funds from hmrc in NatWest account

jordan lee on January 21, 2019:

i bank with santander and my funds are always avalible at 10:30pm

Mick on January 07, 2019:

Metro Bank time is not accurate!

My payments always go into Metro between 6 - 7 am in the morning. with 6 am being the earliest.

And this time slot has never changed during the past 5 years of banking with them.

Alisa on December 23, 2018:

Irfan yes it will be in

Irfan on December 18, 2018:

On 27december my money goes in so will it

margaret steele on December 17, 2018:

i get payed on a tuesday so what day will i get my money

Angela kika on December 05, 2018:

Hi I bank with the Santander and my money is always in around 9-30pm the night before pay day.

chunkychick on November 12, 2018:

Halifax time is inaccurate on here. My money goes into halifax between 12.05 and 12.20

Ryan on October 27, 2018:

What about bank of ireland, Belfast Northern Ireland ?

Jorda on September 27, 2018:

Santand between 10 till midnight night before

Francis McCracken on September 17, 2018:

Was jst wondering a opened a account the other week and was wondering wat day does my dla go is weds or do I get it early

Lt on September 15, 2018:

I've noticed that my Santander clear child tax credits at 9pm the night before and JSA clears at 10pm night before

LB on September 10, 2018:

I'm on ESA and normally it goes it at 2am. I'm with HSBC.

Lee on September 03, 2018:

My payment date is the 15th and the 15th falls on Saturday I am with Santander when Will funds be available?

Richie85 on August 28, 2018:

Tesco Bank

After waiting all day for my ESA payment to go into my account, I thought I'd help others waiting for their money to be available for withdrawal.

Went in at 02.52.

This doesn't mean other Tesco Bank customers will be paid at this time though, when I rang customer services about another matter and being asked if there was anything else they could help with, I asked about payment times and was told 'anytime between 2-3am.

Hope this helps:)

Brad on August 01, 2018:

Santander USED to clear for me at midnight on the dot, but it's 2:30am and I'm still waiting. Have they changed their update time?

Peter on July 29, 2018:

Santander between 9 -10-15pm night before

Cee on July 26, 2018:

I am with TSB bank and I have two jobs my payment from my first job was made around midnight. However for my second job payday falls on the 28th which is a Saturday. I assume I will or should get paid today (Friday) instead.

I'm just confused because I thought it both of my jobs pay days are same date that the bank would release the money at the same time?

Amanda on July 26, 2018:

If carers alliwance isued a payment wednesday when will i recieve it in my tsb acount

Kiel Faux on July 15, 2018:

HSBC----- pAYMENT CLEARS EVERYTIME 2AM TO 3AM

Ricardo Mack on July 12, 2018:

Halifax bank have been good for the most part my money has always landed between 12:00-1:00 am with both benefits and bacs payments . On the rare occasion it will not be in by 1:00 & I find my self tossing and turning and checking every 20 minutes until either I fall asleep or it goes in! Banks in the UK seem to have no exact time , but if I had to vote Halifax would win . ( Halifax is under Lloyd's tsb) so assuming that bank too. There is an off chance that banks just don't have exact times & just process money whenever they do at the late hours they assume us all to be asleep ! When really we need to know if our money is safe before falling asleep!

Stsimps on July 11, 2018:

I normally get paid every 2 weeks income support at 00:30am no payment been processed yet why is this it's now 01:55am what is Nationalwide doing?

Debbie on June 25, 2018:

Just lately nationwide has shown up at 12:20 earlier that usual ,they've recently done a lot of maintenance so perhaps that's why

Kieran Andrew James brownKier on June 17, 2018:

When dose tescobank release funds

Mandy Pither on June 13, 2018:

I'm with the HSBC. I'm due my DHSS on the 14th June. What time does My Money go In pleese

Nik on May 10, 2018:

Waiting for pip payment to go Into HSBC .will it clear buy midnight Friday 11th May

Pat on April 03, 2018:

Ulster Bank is 2-2:30am (Service Unavailable/transferring funds). However, If you have more than 2K going into the account it won't appear until later in the morning. Not sure why; maybe larger amounts are processed at different times?

Anon on March 28, 2018:

Halifax is between 12-1 am. Normally for mine it's between 00.07 & 00.22. On the rare occasion its been around 00.30.

Gareth Jones on March 27, 2018:

Santander is between 11pm and midnight the day before

Bobby on March 21, 2018:

In our Santander joint account credits always show between 10-11pm the night before. In my sole "B" account (Yorkshire/Clydesdale) credits show some time between 12-2am, although they do show Monday credits on a Saturday.

Gavin Kendell on March 20, 2018:

I'm due my universal credit money on the 21st Tom what time will it go in Yorkshire bank it's says 11.30 to 12.30 on time table above but some ones said after 2 am above

lisa on February 04, 2018:

I only have a post office bank account and wanted to know when they pay into in

Mark on January 25, 2018:

How long does transfer between nation wide to Ulster bank take at weekends?

Josh on December 25, 2017:

It's more complicated than this, it also has something to do with your employer and either how, when or by using what method they transfer your wages to the bank as two different jobs' pay will arrive at different times to the same bank account.

I'm with nationwide and get paid at about 12.20am, not 2-3am as your research found. My friend in his old job would get paid bang on 12.00 on the dot, but in his new job, and the same bank account now doesn't get his cash until closer to 3am...

Lozz81 on December 20, 2017:

Well it's 3.08am and my money still hasn't gone in my co-op account and you now can't speak to them 24/7. Panicking as it's Christmas in 4 days!

SGM on December 10, 2017:

Made a deposit with sky bet, on a Thursday they state 2-5 days...had an issue with address so it left their account Friday money 100% left sky before 5pm Friday, guy said money should hit account Monday...wages normally go in 2:20am....could this go in at a different time?

Jay on November 08, 2017:

My pay goes into my nationwide account at 00:40. But I have made an express bank transfer from my betfair account to my bank which I can see has left betfair at 5.30am so im curious as to what time that will arrive into my nationwide account

Phil on November 07, 2017:

I'd like to know when Pockit Mastercard goes in. (WIRECARD)

kym on November 05, 2017:

When does virgin bank update accounts

krill22 on November 02, 2017:

Bank of Scotland ESA benefit - my ESA benefit went in between 3am & 4am, i stayed up till 1am no joy, got up again just before 3am still nothing, checked again @ 4am was in, hope this helps someone. Seems the banks are a law unto themselves as there is no clear time frame for money going in or customers able to know specifics which will not be for a lack of people asking. Some people need to know money is in the early hours to prepare for the next day or maybe go to a supermarket in the early hours for something to eat as DWP benefit does NOT keep you going properly and for most runs out long before next payment day.

Kezza on November 01, 2017:

I bank with Halifax 12.20 mine was in if this helps x

Santander on November 01, 2017:

Santander is always 1030 pm for both wages and uni creds. Always 1030. I was with nationwide it was 230 am. My barclays is stroke of midnight

Jack on October 26, 2017:

I'm with Barclays and usually mine goes in any time between 4-6 am

Sean on September 27, 2017:

I bank with Nationwide and haven't ever checked my account for my pay in the early hours, but it's always there when I wake up - except today. It didn't reach my account until after 10am!

Leeroy on September 08, 2017:

I bank with Barclay's and they're pretty good. I'm sure my wages tend to go in just after midnight. I also find if I'm due to be paid on a Monday, my wages are paid into my account on the Saturday, 2 days early.

TheFag on September 06, 2017:

Ty for article gives me some relief knowing when my money's coming

Kyle greaves on August 29, 2017:

Waiting for rubbish HSBC to let me have my wages it's 3:05am still nothing yet

Ades on August 28, 2017:

Yorkshire bank is worst look liked it bec 2am and nothing showing

Stacie ferguson on July 11, 2017:

My universal credit payment is showing in my account but i cant withdraw it. Im with lloyds tsb if that helps

Daniel on June 29, 2017:

TSB times are the same as lloyds.

lily watts on June 25, 2017:

Does anyone bank with Santander? Does anyone know if the clear the funds on Sunday & what time pls?

Mickey on June 11, 2017:

Tesco just went in at 2.20am

How Old to Open a Bank Account Uk

Source: https://toughnickel.com/personal-finance/When-Does-My-Money-Go-Into-My-Bank-Account

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