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Cancelled Car Insurance
ElkyElky
Posts: 2,459 Forumite
Hi everyone
I cancelled my car insurance today and I am getting a refund of £790.
They told me they can only refund to the debt card that is already on file which is stupid. I can't remember which bank account I used to pay for the insurance but I have a feeling it may very well be an account I recently closed.
I read out my debit card numbers to them and they said it's not the card number they have on file.
Assuming I paid with the account that is now closed, what will happen?
I explained all of this to the insurance company but they weren't prepared to refund the amount to another of my accounts.
Thanks.
I cancelled my car insurance today and I am getting a refund of £790.
They told me they can only refund to the debt card that is already on file which is stupid. I can't remember which bank account I used to pay for the insurance but I have a feeling it may very well be an account I recently closed.
I read out my debit card numbers to them and they said it's not the card number they have on file.
Assuming I paid with the account that is now closed, what will happen?
I explained all of this to the insurance company but they weren't prepared to refund the amount to another of my accounts.
Thanks.
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Comments
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I can't remember which bank account I used to pay for the insurance
Do you have any statement you can check??
If not it's a good idea to keep some records in future.Assuming I paid with the account that is now closed, what will happen?
Call the bank and ask them to send you a cheque.0 -
Sounds like the insurers are thinking that this could be a money laundering issue and this will be their normal procedure for making refunds.0
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I agree with cogito. Its an anti-money laundering thing. Its normal for refunds to go to the say payment method.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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