Questions & Answers
Advising the bank about the delay in payment of salary
Hi Hari
D. is here once more. I believe you remember we spoke last week regarding a bounced cheque.
I have changed my job and will be starting my new role tomorrow. My credit card settlements will be due at the end of this month.
My current employer pays salaries on the 15th of each month hence I will only be able to settle my card payments around that time. Previously, I used to get paid on 28th of the month.
I just want to get your opinion if it will be advisable for me to inform the banks accordingly so that they can reschedule my card payment plans and I do not default in the future.
They will be expecting payments at the end of June, but I won't get paid until July 15th.
Thank you for your usual support.

Dear Demian,
Thank you for reverting back to me on this.
Good luck with your new job and indeed you must indicate to your bank that your new employer shall deposit the salary by mid-July.
The bank should not have an issue considering that the salary delay is only 15 days.
I trust you will find this helpful.
Regards,
Hari Wadhwana