HSBC direct debit - what is it?

lara400

Hi,

Going through my bank statement and I have a direct debit/Standing Order (what's the difference?) of £68 that goes out every month but have no idea what the heck it is for!

I was going to go into the bank to ask them but snowed in at the moment and thought I can ask you guys to see if you can shed any light on this?

I am at HSBC and this standing order has been going out for some time it seems every month. It is:

Payee:
REPAYMENT PRO HSBC
Last payment date:
06 Jan 2010
Last payment amount:
£68.31

Any ideas guys?

Thanks,
lara400

Mikeyorks

Don't know! But the last person that asked had it listed just under a HSBC life policy premium ....... so some sort of Insurance?

http://forums.moneysavingexpert.com/showthread.html?t=267670

lara400

ahhhh.......thanks a lot Mikeyorks! That might make sense actually, I had a HSBC mortgage years ago and changed over to Halifax...think I took out a life policy premium with HSBC when I took out the mortgage so that might explain it.

Hopefully I will find out this coming week when I pop along into the bank and ask them about it. Maybe even get money back since I cancelled the mortgage....probably not to be honest as they might turn around and say I should have cancelled it myself!

Thanks,
lara

Mikeyorks

Lets hope it's 'with profits' then!

gfplux

Don't forget you need to check your bank statements EVERY month