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Returned S/0

  • 12-06-2019 1:19pm
    #1
    BohsCeltic
    Registered Users, Registered Users 2 Posts: 1,585 ✭✭✭


    Hi

    I had a S/O returned and was charged €10. I have been dealing with MABS as i am out sick from work so cannot afford to pay the full monthly fee for bank loan. I have a small amount of money in my savings account that i need to transfer into my main account so i can take money out.

    Are the bank likely to take this as soon as i transfer it over or will they wait and try again another day ?
    They tried to take the money yesterday.

    Thanks in advance.


Comments

  • #2
    homer911
    Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭homer911


    No, a standing order is user initiated. Once it fails, it wont be resubmitted until the next scheduled date.
    If however you are talking about a direct debit, which is initiated by the recipient, they may or may not resubmit the request. I'd recommend calling them to check


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