BHP 0.59% $40.77 bhp group limited

Ann: Update - Dividend/Distribution - BHP, page-222

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    Payments between bank accounts can take time

    Some banks seem to process straight away, others seem to take a while longer.

    Some payments will have been delayed due to the National Day of mourning

    I don't understand why though; last time I heard it is all processed automatically by computers and I didn't think they took days off

    The drp shares always take around 10-14 days to be allocated, I believe it is because BHP buys the shares on market

    As a footnote

    An accounting firm I worked at always processed the fortnightly wages on a Wednesday to be paid on a Thursday. I am with CBA and used to get my wages at 1.00pm on the Wednesday EVEN THOUGH my employer did not process the payroll until Wednesday afternoon AND they banked with a different bank to mine. Someone explain that
 
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