Card payments: these take two business days to process from when your card was charged and you confirmed the payment. Unless you made payment on a weekend or bank holiday when the payment processing time begins on the next business day. On the settlement date, when your supplier is due to receive the payment, the settlement won’t take place until between 2-3pm. Once settlement has taken place you will be notified via email.
Example payment times: your card is charged on a Sunday when you initiate the bill payment. The processing time then begins on the next business day of Monday, so it takes 2 business days from then to reach the supplier and they'll be paid on Wednesday.
Bank transfers:
Suppliers are usually paid within minutes of your bank approving the transfer, including weekends, via Faster Payments. If a second approval is required, payment begins once both approvals are complete. Check that the secondary approval has taken place.
