What time?

Question

My mother has a direct deposit account for her paychecks. Payday for her is Thursdays so what time will it be in the bank?

Answer 1

It depends when payroll does it or the payroll system transfers the money (before Thursday or during the day Thursday).  If she has online banking it may be pending or accounted for overnight.

I usually get paid every other Friday (split direct deposit to 2 accounts) and it usually shows pending and available Friday morning and confirmed and accounted for by Saturday morning (I think).  Anyway the money is available on Friday.

Answer 2

If she gets paid on Thursday, it will be in her bank account 12:00 am on Thursday morning.