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Payment Processing Over Christmas

Payment Processing Over Christmas

Dear Members,

Please be advised that if you have a Direct Debit payment due out over the Christmas, it may not be processed on the normal day. Please see the details below for the dates of payment processing over Christmas.

Processing of Direct Debit Payments

If a Direct Debit Payment falls due on a day that SEPA transactions are not processed then the DD is not processed that day but on the next processing day. Member’s Direct Debit payments that are due to come out of their bank accounts will do so on the following dates:

Due Date of Direct Debit Date being deducted from Member’s Bank Account
✓ Monday 24th Dec 2018 ✓ Monday 24th Dec 2018
✓ Tuesday 25th Dec OR Wednesday 26th Dec 2018 ✓ Thursday 27th Dec 2018
✓ Thursday 27th 2018 OR Friday 28th Dec 2018 OR Monday 31st Dec 2018 ✓ As normal
✓ Tuesday 1st Jan 2019 ✓ Wednesday 2nd January 2019

Normal processing times will resume on Wednesday 2nd January.

Processing of Standing Order Payments
Please be aware that it can take several days after the money leaves a member’s bank account before it reaches Community Credit Union’s Bank Account for processing to Member’s accounts.

✓ Standing Orders will be processed as normal for all payments cleared through our bank by close of business on Friday 21st Dec 2018.
✓ Standing Orders will be processed on Friday 28th for all payments cleared through our bank on Thursday 27th Dec 2018.
✓ Standing Orders will be processed on Saturday 29th for all payments cleared through our bank on Friday 28th Dec 2018.
✓ Standing Orders will be processed on Wednesday 2nd January for all payments cleared through our bank on Monday 31st Dec 2018.