JPA expenses claim

[stickleback67]

Can anyone shed any light on this? I put a caim in at about 1am tuesday morning for I.E and subsistance. I checked my JPA yesterday and it said the payment status was "paid" as of 14:35 yesterday but as yet there is no sign of the money in my account. Is this normal or has something gone wrong somewhere along the way? I am aware it can take a few days for the payments to come through but I was under the impression that when it said "paid" the cash would be in your account.
Cheers.

 

[Saint Domingo]

That always happens to me too, it will be in your bank tomorrow.

 

[Fu Fu Valve]

They pay it in through BACS the same way your pay goes. BACS 'sit on it' for a day or two and through sneaky accounting tactics earn money off it (interest on funds they hold).....
Thats how it was explained to me once, by a banker. Never trusted him really!

DT_Xtremez_35:

 

[Odie]

I usually have a wait of a day or two before a JPA claim payment makes it's appearance in my account when it's gone to the "Paid" status. It's a bit like making a bank transfer to an account that's with a different bank - it'll vanish from one account almost immediately, but not appear in the other account for a few days. DT_Xtremez_41:

 

[stickleback67]

Cool, cheers everyone! That makes me feel a bit better (apart from the part about some (w/b)anker making profit off my cash), as long as it arrives in time for the weekend so I can lovingly handcarve it into a large hangover and some regret.DT_Xtremez_30: