- #36
Art
That's why standing orders are safer than direct debits. I'm always very reluctant to give anybody unfettered access to my current account.Evo said:All of my banking is free, unless I dip into my credit line.
I've had two errors. First one was a bank error where they debited my account for $270.50 for a check written for $27.50. As soon as I brought it to their attention, they corrected it.
The second was not a bank error but an error by my car insurance company <cough> AAA <cough>. They did an automatic bank debit each month of $127.00. Except one month they accidently debited me $1,270.00. This caused several checks to bounce, it caused me overdraft fees and insufficient check charges, none of which were my fault. They were impossible to deal with. After 3 months of daily calls, they said that they would send me a refund by mail, but not willing to cover the hundreds of dollars in overdraft fees. Although they had electronically debited me the wrong amount, they said that they would not electronically credit me back for the error.
<cough AAA cough> Make your own decision.