Debit card authorisations

marlewuk

some banks will remove authorisation or earmarked funds, only if they recieve communication from the company concerned.

usually a fax with headed paper with customers full name, account details & card number, date & time of transaction, amount and authorisations code, request to remove & a brief reason why.

pvt

JSR wrote: »

Their advice does seem to be that you can stop a one-off future payment provided you do it the day before the payment is collected.

Oops-a-daisy.

That's not quite what the CAB quote now is it?

So here's a cut 'n' paste from that CAB link:

The law says you can withdraw your consent and stop a card payment at any time up to the end of business on the day before the payment is due.

When the payment is "collected" and when the payment is "due" are two very different things.

Put simply, once the payment is due, the authorisation cannot be withdrawn. For pretty much any "one-off" payment it's already "due" when the original authorisation is given.

The law the CAB are referring to relates to withdrawing authority given in advance of a payment being "due".

JSR

The concept of not being able to reverse payments on a whim is not ludicrous at all.

Please stop using strawman arguments. We are not talking about reversing payments on a whim but about withdrawing consent for future payments. The podcast at the bottom of the CAB page reiterates that the right to withdraw consent applies to one off payments as well as recurring payments.

For pretty much any "one-off" payment it's already "due" when the original authorisation is given.

Not true. There are plenty of occasions where your card is charged some time after the authorisation is given. Most reputable online retailers do not charge your card until the goods are despatched which may be some days after authorisation is given.

Where a customer buys something in a shop to take away retailers are already protected because the funds are earmarked immediately. Stopping these is not what we're talking about! The OP has already stated that the earmark has dropped off.

As for the pedantic difference between 'due' and 'collected', I would be interested to know whether the bank would go to the trouble of arbitrating on a third party contract.

JuicyJesus

JSR wrote: »

Please stop using strawman arguments. We are not talking about reversing payments on a whim but about withdrawing consent for future payments. The podcast at the bottom of the CAB page reiterates that the right to withdraw consent applies to one off payments as well as recurring payments.

This payment is not a future payment though. It is most categorically a payment the OP has already authorised.

You are being stupid. Possibly intentionally so.

The_pc_tech

Card payments are a guaranteed form of payment (once authorised) which is how you can go into a supermarket, buy your groceries and leave with them and why supermarkets stopped accepting cheques as many of the ones they did receive turned out to be rubber.

You can only request a chargeback after something has debited and only request to cancel a CPA, this has been pointed out time and time again on this forum.

JSR

JuicyJesus wrote: »

This payment is not a future payment though. It is most categorically a payment the OP has already authorised.

You are being stupid. Possibly intentionally so.

That's a point of view!

pvt

JSR wrote: »

As for the pedantic difference between 'due' and 'collected', I would be interested to know whether the bank would go to the trouble of arbitrating on a third party contract.

The fact that you think this is a pedantic point speaks volumes. And the bank would most certainly go to the trouble of arbitrating this point, because if they don't they'll find they have the FOS doing it for them.

JSR wrote: »

That's a point of view!

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