Re: Surcharge for not paying by direct debit.

bill

Jono wrote:
>
> bill laid this down on his screen :
> >
> >
> > A monthly DD still needs to return through clearing and be checked back
> > in, perhaps 3 days if it is across banks ?
> > A DD is a request for payment to the bank, not the an instant negative
> > credit on the account. Hence there is a need to check that they are
> > received back in.
>
> We only have to check DDs that do not come back in, not every one that
> does. Big difference.

I'd assumed that an automated system would record payment against a DD
to the customer account, and then action occurs for the list of those
that are outstanding after a while. Presumably still automated, it
might in the first instance issue a standard final demand. The same
system could therefore pick up customer-driven electronic or BACS
payments and simply mark them as paid.

Are you suggesting that the DD system relies on the banks bouncing them
and creating the 'unpaid' list for the supplier ? Do many get lost and
never paided ?

Bill