What Happens During Bank Hours

A card purchase shows as "pending". What does that mean?

• The shop has been paid and the money has left your bank for good
• Your bank approved it and set the money aside, but it hasn't settled yet
• The payment failed and will be retried

What does missing a cut-off time do to a payment?

• Cancels it, so you have to send it again
• Sends it anyway, but with a late fee
• Moves it to the next window, or to the next business day if it was the last window