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What is "REFERRAL CHARGE" ?

Random · 2007-10-04 01:19:58

"REFERRAL CHARGE" has shown on my bank statement online with a charge next to it. I'm with AIB and it's on my current account. I'm not in the mood to ring up telephone banking right now and check - does anyone know what it's for? Ta

04-10-2007 02:19AM

#1

Random

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"REFERRAL CHARGE" has shown on my bank statement online with a charge next to it.

I'm with AIB and it's on my current account.

I'm not in the mood to ring up telephone banking right now and check - does anyone know what it's for?

Ta

0

Comments

#2 04-10-2007 02:32AM

homah_7ft

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This is a charge applied when a bank makes a payment which creates or extends an unauthorised overdraft. It's up to the bank whether they make this payment except for an authorised cheque.

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#3 04-10-2007 08:36AM

Random

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That makes sense. They just charge you and move on, right? It has no other effect on anything elsE?

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#4 04-10-2007 02:56PM

homah_7ft

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The charge can be per item or per day. It's usually applied on the date in question so if it's just appearing there in the middle of your statement it sounds like a one off.

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