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state pension and tax

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    greenglide wrote: »
    But there are increased bank charges (DWP makes payments to their sponsoring bank for each BACS payment made). Each account selected for payment causes processor charges and disc space usage. You don't get owt for nowt. Somebody has to pay for the computers required.

    Perhaps they use RBS.....
  • greenglide
    greenglide Posts: 3,301 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    They used to use several. Northern Ireland have there own, while GB and overseas used to use a different one. I think GB and overseas use Citibank these days.

    Irrespective of the individual price if you quadruple the number of payments you will get a significant increase in the price.
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