When does the inflation end? Exact time when the money gets into the bank account

Payment is the first of two due £650 as part of government plans to alleviate the burden of the ongoing cost-of-living crisis.

The first part of £326 will be sent between July 14 and 31 “for most people”, DWP said.

People may be eligible to receive the £650 in two lump sums if they receive specific support, such as: Child Tax Credit or Employed Tax Credit.

The DWP and HM Revenue and Customs (HMRC) have identified those eligible for a living expense payment.

Eligible applicants are automatically paid so do not need to apply and payments may appear in accounts as “DWP Living Expense”.

When does the inflation end?

When the money is credited to your bank account depends on who you bank with.

Depending on your bank, the balance is usually available just after midnight on the due date.

Some banks deposit money just before midnight around 11:30pm, while others release the money later in the night between 2am and 3am, others may have to wait until 6am.

You will see the money in your account no later than 09:00 on the day you get paid between July 14th and July 31st.

Many will receive the payments today.

https://www.theargus.co.uk/news/20279434.time-cost-living-payment-go-exact-time-cash-will-hit-bank-account/?ref=rss When does the inflation end? Exact time when the money gets into the bank account

Fry Electronics Team

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