Switched bank account - OD created on statement?

Tragen

I got the closing statement for an old cashminder account which I switched to TSB on 4th March

The last entries before the account was closed are as follows:

02 March - Halifax -25.19   513.46
03 March - MR TRAGEN  -860.75 -347.29 OD (switch to TSB - on the 4th...)
04 March - CREDIT 347.29 0 (Regular payment in, which was paid in 3rd, not 4th!)

Hopefully you can see here that the co-op put my account into overdraft for 1 day. The switch was on the 4th March. On the 3rd of march, I actually got paid £347.29 (BACS) from a regular source; but this isn't showing and instead the balance has been switched a day earlier than it should have been (on paper).

I've spoken to the co-op who basically refused to talk to me about the account now that it's closed, and gave me a load of "ifs" and non-specifics about the account. She said that an Overdraft of one day would not affect my credit file. But I argued that My account is a cashminder and any "overdraft" would be against the accounts T&C and unarranged, even if it's for one day, to which she agreed. She then said that a marker would be put on my internal co-op file. She wouldn't clarify why the statement was incorrect and wouldn't amend it.

Should I be concerned about this OD on my closed account - will it wind up on my credit file in any way? I still have a current account with them so am concerned about this internal marker too!

I'm also self employed and need to keep records, obviously I prefer them to be correct, is there any hope of getting the co-op to send me a revised (correct!) statement for a closed account?

diamonds

It may show as overdrawn (amount you were due bank) on credit file, but it will also show the account was then closed with no late payments or default, this would actually show you to be a responsible payer as you paid the amount back like a authorised overdraft which is how it will look on a credit file.

Krash420

Did you have an agreed overdraft with them? If so then you don't need to worry, because you just went into that agreed overdraft. Even then, it doesn't seem like you were charged for the fact that your account appeared to be in overdraft for one day.

Even if it was unauthorised you've paid it back already so again you don't really need to worry about it - no charge for being in OD, no worry.

Another question is did you transfer the funds manually or did you let the banks do the transfer themselves? If it's you letting the banks do it, then you don't need to worry at all, because they would only have taken -£860.75 out of your account if the £347.29 was shown as a balance. It may just not have cleared in time, or there was a delay from their end in showing it in your account, but the fact is to them, your account is closed, and when it was closed you did not have any late payments or defaults.

This should not impact your credit rating.