Question about Allotments
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  1. #1

    Question about Allotments

    I'll make this really simple...

    - I set up an allotment to my Mom back home
    - My 4/15 paycheck reflected this
    - The money is not in her bank account (yet?)

    So can anyone who has dealt with allotments before, tell me if the Allotment takes a couple extra days to get to another account. Is there a chance it's not posting because of the weekend?

    -Routing number, and bank account number are 100% accurate


  2. #2
    Sometimes it does take a few days, I have allotments to three different banks, and sometimes they hit on three different days. If nothing shows up by early next week I'd get ahold of your S-1 and have them look it up to see what they can tell you.


  3. #3
    Allotments only post at the end of the month. You will never see an allotment post Mid Month. I have had several allotments go to personal bank accounts and I am very familiar with the process. Say you have a 150 dollar allotment. they will take 75 out on the 15th and 75 on the 31st and put 150 in your allotment accounts on the 31st. may take your bank a few days to process though


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