Debit card purchase timescales

andybloke

jonesMUFCforever wrote: »

But you paid using a sterling denominated card - so IMO you owe them a few extra pennies.

But they are a German company, if they'd charged me in Euro's they'd get a better deal now, so it's their fault for billing in USD. We'll call it a manual processing charge

Hooloovoo

jonesMUFCforever wrote: »

But you paid using a sterling denominated card - so IMO you owe them a few extra pennies.

Don't be silly.

If a company charge $125, or £125, or 125 groats, then they get that amount. It makes no difference what currency the payment account uses or what the exchange rate may be between the bill and the home currency.

If the exchange rate is 1:1 then they will get $125.
If the exchange rate is 2:1 then they will get $125.

So long as they get the amount they are asking for in the currency requested, then no one owes anyone extra anything.

InsideInsurance

grumbler wrote: »

Nobody here discussed 'weaseling out'. You are the first.

I'm sorry, I must have missed your post that told the OP to do a chargeback to get their money back and then contact the merchant to pay again. Is that because you never actually said anything about the fact the OP should ensure the merchant does actually get paid for the goods/ services already received?

grumbler

Are you serious?
In my very first post I clearly said: "This doesn't mean that the debt doesn't have to be settled by any other means."

Any further discussion of 'ensuring' was absolutely OOT, but if you insist, personally, before paying I would negotiate some compensation for the problems they arrogantly caused.

jonesMUFCforever

Hooloovoo wrote: »

Don't be silly.

If a company charge $125, or £125, or 125 groats, then they get that amount. It makes no difference what currency the payment account uses or what the exchange rate may be between the bill and the home currency.

If the exchange rate is 1:1 then they will get $125.
If the exchange rate is 2:1 then they will get $125.

So long as they get the amount they are asking for in the currency requested, then no one owes anyone extra anything.

I meant that OP has not only got a free loan from 2012 but the exchange rate has gone in his favour so it has cost him less now than when he made the transaction.

andybloke

Well, a successful resolution has been reached.

The company who presented the transaction 15 months too late have been very apologetic, agree that they have violated their Visa agreement and accept that due to this I'm under no obligation to pay them the funds. At all. Ever.
I offered to make them a PayPal payment (no currency conversion charges for me!) of the original sum, minus the value of the bank fees they generated for me. They apologised some more, thanked me for my offer and sent me their paypal details and reference numbers.

I'm happy: the transaction cost me the $125 I was expecting and I don't feel I owe them anything.
They're happy: a mistake they made didn't cost them as much as it could have done.
For the record: The $125 included a $100 admin charge for them to send a signed form to another business by post, because I had submitted paperwork a week late. Ironic symmetry?
Yes: I'm a really disorganised person. I promise to pay more attention for expected transactions on statements in the future.

Thank you for the pointers about the 6 month limit and other clues and keywords that helped me get it all sorted, and the smiles. Much appreciated.

iAMaLONDONER

andybloke wrote: »

Well, a successful resolution has been reached.

The company who presented the transaction 15 months too late have been very apologetic, agree that they have violated their Visa agreement and accept that due to this I'm under no obligation to pay them the funds. At all. Ever.
I offered to make them a PayPal payment (no currency conversion charges for me!) of the original sum, minus the value of the bank fees they generated for me. They apologised some more, thanked me for my offer and sent me their paypal details and reference numbers.

I'm happy: the transaction cost me the $125 I was expecting and I don't feel I owe them anything.
They're happy: a mistake they made didn't cost them as much as it could have done.
For the record: The $125 included a $100 admin charge for them to send a signed form to another business by post, because I had submitted paperwork a week late. Ironic symmetry?
Yes: I'm a really disorganised person. I promise to pay more attention for expected transactions on statements in the future.

Thank you for the pointers about the 6 month limit and other clues and keywords that helped me get it all sorted, and the smiles. Much appreciated.

Welcome to MSE forum! Glad to hear that you got a good-however ironic- solution to your problem!