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Switch from EDF to Octopus completed

loulou41
loulou41 Posts: 2,871 Forumite
My switch over from EDF to Octopus went through hassle free. EDF has refunded me and close my account. Shall I cancel my next direct debit with EDF now or leave it for EDF to cancel? Thanks

Comments

  • gardner1
    gardner1 Posts: 3,154 Forumite
    If the account is closed and settled I'd cancel myself
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Only the account holder can cancel a DD: all EDF can do is cease to draw on it, but it remains active.
    No free lunch, and no free laptop ;)
  • Skools_Out
    Skools_Out Posts: 258 Forumite
    Fourth Anniversary 100 Posts Combo Breaker
    macman wrote: »
    Only the account holder can cancel a DD: all EDF can do is cease to draw on it, but it remains active.

    Not entirely correct, sorry.

    If EDF had used the correct transaction code on the final collection to indicate it was to be their final collection, that would have made the bank decativate the DD mandate.

    But as it seems EDF did not do this, then you are correct that EDF cannot now take any action to clsoe the mandate (save for making another collection and using the final transaction code, but they won't do this now the account is closed and settled)
This discussion has been closed.
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