Payment by Debit Card

born_again

oli356 said:

I don't see why the bank wouldn't tell you though if ask.. 

Fraudster gets to know the limits. What do you think they will do? 

coachman12

born_again said:

oli356 said:

I don't see why the bank wouldn't tell you though if ask.. 

Fraudster gets to know the limits. What do you think they will do? 
________________________________________________________
Same as they do now ?

oli356

Just because there's a limit it doesn't mean the bank might not trigger something else anyway surely. And really I'm sure the limits aren't that hard to figure out..so most likely can even find them on this forum. 

born_again

coachman12 said:

born_again said:

oli356 said:

I don't see why the bank wouldn't tell you though if ask.. 

Fraudster gets to know the limits. What do you think they will do? 
________________________________________________________
Same as they do now ?

No. If they know a banks limit is say £10K, then they will make a payment under that. Not knowing means that they will try something higher and run over the limit. Thus not getting anything.

leodis

born_again said:

oli356 said:

I don't see why the bank wouldn't tell you though if ask.. 

Fraudster gets to know the limits. What do you think they will do? 

Lloyds don't mind telling you that they've got a £60,000 debit card limit.

lloydsbank.com/online-banking/benefits-online-banking/payment-types.asp#collapse2-1559936892784

Migster

born_again said:

No. If they know a banks limit is say £10K, then they will make a payment under that. Not knowing means that they will try something higher and run over the limit. Thus not getting anything.

Presumably, in most cases of fraud the limit is irrelevant as customers won't have sufficient funds in their account to hit it anyway.

born_again

Migster said:

born_again said:

No. If they know a banks limit is say £10K, then they will make a payment under that. Not knowing means that they will try something higher and run over the limit. Thus not getting anything.

Presumably, in most cases of fraud the limit is irrelevant as customers won't have sufficient funds in their account to hit it anyway.

Think again. When customers are purchasing new cars...

Neilstan11

i paid something at my local pricewatch total 9.78 around 07/11with my debit card  its now come out of my account today causing me to be overdrawn dont know why a payment for cigs has took so long normally comes out same day or if on a friday monday of the following week contacted lloyds who told me to query it with the shop who couldnt tell me the date of the purchase has this every happended to anyone normally local shops tescos take out same day or after this is if on a weekend this is from nearly two weeks ago and to be honest dont know wether someones fiddling at the shop or not lloyds system speedbank system has changed and sometimes not showing the right amount but usually shows the right available to spend amount 

coachman12

Neilstan11 said:

i paid something at my local pricewatch total 9.78 around 07/11with my debit card  its now come out of my account today causing me to be overdrawn dont know why a payment for cigs has took so long normally comes out same day or if on a friday monday of the following week contacted lloyds who told me to query it with the shop who couldnt tell me the date of the purchase has this every happended to anyone normally local shops tescos take out same day or after this is if on a weekend this is from nearly two weeks ago and to be honest dont know wether someones fiddling at the shop or not lloyds system speedbank system has changed and sometimes not showing the right amount but usually shows the right available to spend amount 

This scenario is quite common in my experience and can happen for a variety of reasons, some of which you mention-----and don't forget Bank's computer crashes which is always a good stand-by for Banks to use 
It is one of the reasons why on earlier posts on this thread I have argued for the absolute need to have an overdraft facility. The responses I have got from the usual charm-school forum brigade  has been that I cannot manage my finances and that I am living a parasitic life style at the expense of the poor Banks. 
But I agree with you entirely. If you have no overdraft , I recommend an arranged overdraft but always make sure that there is enough in your account (including the overdraft facility) to allow the occurrence you had ( small to medium payments which are subject to errors by the seller or Bank, or for unexpected emergency payment), not to attract penalties such as you face now and which are unfair.  

Migster

born_again said:

Migster said:

born_again said:

No. If they know a banks limit is say £10K, then they will make a payment under that. Not knowing means that they will try something higher and run over the limit. Thus not getting anything.

Presumably, in most cases of fraud the limit is irrelevant as customers won't have sufficient funds in their account to hit it anyway.

Think again. When customers are purchasing new cars...

How is this relevant to "most cases of fraud"?