Dec 2013 state pension payment

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alisonb
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Dec 2013 state pension payment

Postby alisonb » Thu Dec 19, 2013 1:44 pm

State pension has just gone into Cajamar - well I assume that's what it is. Rather than saying "PENSION - STATE PENSION AND WI", which is what it has always said, it now says "transfer - worldlink". Have they changed the method of payment?
AlisonB

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Colinm
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Re: Dec 2013 state pension payment

Postby Colinm » Thu Dec 19, 2013 2:27 pm

Its probably to do with SEPA. Single European Payment Area. Which obviously excludes UK and sterling area.
Check your virtual mailbox on your online Cajamar account.
Its to do with speeding up and reducing costs of payments within the euro area (plus a few others), using IBAN instead of Swift and BIC etc

Just goooooogle SEPA for a fun afternoon.
ádh mór ort agus sláinte.....
(Good luck and good health)!

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rafiki
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Re: Dec 2013 state pension payment

Postby rafiki » Thu Dec 19, 2013 3:23 pm

My next payment is due on the 24th. Will that be a bank payment day or will I have to wait until after Christmas?
Brian.

gus-lopez
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Re: Dec 2013 state pension payment

Postby gus-lopez » Fri Dec 20, 2013 7:56 am

Colinm wrote:Its probably to do with SEPA. Single European Payment Area. Which obviously excludes UK and sterling area.
Why do you say that ? The UK is in Sepa.
Todos somos Lorca.

alisonb
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Re: Dec 2013 state pension payment

Postby alisonb » Fri Dec 20, 2013 1:03 pm

Looked at the detail underlying the payment, and there's no mention of it being a pension, although it does give a reference. I'm sure that's what it is, but they could have given a bit more info
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