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Prundential Int PI.... on bank statement

one_dull_guy
Posts: 31 Forumite


I've just seen that I have a direct debit set up on my current account going out to Prudential that has the payee description as Prudential Int PI followed by a 15 digit numerical code.
Does anyone know what this is please? I thought it was a mortgage payment (endowment) but from the 1st March the DD jumped from £240 to £310.
I've just spoken to the Halifax (my current account) who very very nice but couldn't help in the slightest.
Does anyone know what this is please? I thought it was a mortgage payment (endowment) but from the 1st March the DD jumped from £240 to £310.
I've just spoken to the Halifax (my current account) who very very nice but couldn't help in the slightest.
Don't buy cheap things, buy things cheap.
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The Int would suggest it is Pru International. The offshore division.I've just spoken to the Halifax (my current account) who very very nice but couldn't help in the slightest.
They should be able to help as they would have the dates when the mandate was set up. Plus, you have the right under the guarantee scheme to get a refund.I thought it was a mortgage payment (endowment)
Endowments are fixed premiums (apart from low start but they are only in the first 5-10 years and no endowments have been on sale for 11 years. So, it wont be one of those).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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one_dull_guy wrote: »I've just seen that I have a direct debit set up on my current account going out to Prudential that has the payee description as Prudential Int PI followed by a 15 digit numerical code.
Does anyone know what this is please? I thought it was a mortgage payment (endowment) but from the 1st March the DD jumped from £240 to £310.
I've just spoken to the Halifax (my current account) who very very nice but couldn't help in the slightest.
How long has this DD been going out?
When did you first notice it?0
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