Share payment date 31 March

[777]

Can't say I have noticed the banks holding on to money at all. In fact with transfers between banks being done all day long you tend to get the use of the money earlier and not after midnight as it used to be.

In this case raised by waikare , he has his dividend paid into his broking account. I would guess we all use the same account number for our deposits when we transfer money to the broker and then they manually credit our personal broking account. This simply takes time,usaually by opening of market the next day, but you are credited with it on the actual day they receive it.

I am sure waikare will pop up shortly and tell us all is well.