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Panic !

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  • Mikeyorks
    Mikeyorks Posts: 10,380
    Part of the Furniture 10,000 Posts Combo Breaker
    Forumite
    Or suggested the DDs are moved away from pay day ..... if no contingency or unused agreed overdraft in place?
    If you want to test the depth of the water .........don't use both feet !
  • Cancel the Direct Debits with the bank today before the close of business - It's a lot easier just calling them up again and either pay by Card or re-setting up another Direct Debit than paying for the bank charges.

    What if there are charges for failing to pay at the other end?
  • just for the future. dds with this bank must be cancelled before 4pm the business day before the dd is due

    hth
  • If you have Internet Banking set up on your account you could cancle your DD at a press of a button. I have done it.
  • mardatha
    mardatha Posts: 15,612 Forumite
    He hasnt got the internet. Thanks though ! :)
  • masonic
    masonic Posts: 30,912
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    agrinnall wrote: »
    I know that the OP has sorted it now but I'm surprised that nobody has suggested doing nothing. Any charges levied as a result of bounced DDs must surely be the responsibility of the employer who has paid late, presumably in breach of the contract of employment.
    The hassle of trying to reclaim consequential losses from an employer is likely to be far greater (and take much longer) than the hassle of a trip to the bank with some cash.
  • dd should be cancellable at least one business day or the same day
    hopefully money does arrive by tuesday
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