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Current account switch and Direct Debit timing.

What happens when the switch completion date is two days before a DD is due to be taken from the old account.
Obviously the DD amount has already been requested from the old account and the balance in the account transfered to the new account on the switch date.

Comments

  • Hazzanet
    Hazzanet Posts: 1,725 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The old bank forwards the request to the new bank and the DD is paid from the new bank via the redirection service. 
    4358
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