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Originally Posted by Peter_
Of course not the banks just let the claim get reversed and forget about it, whoever gave you that information is wrong but you think that you know know better.  |
If the bank reverses the claim and the op gets all his money back ,any money owed due to the cancellation of his contract then becomes a debt to VM which hopefully the next time they try to collect will be billed correctly with a breakdown of the costs.
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If an error is made in the payment of your Direct Debit, by the organisation or your bank or building society, you are entitled to a full and immediate refund of the amount paid from your bank or building society.
- If you receive a refund you are not entitled to, you must pay it back when the organisation asks you to
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http://www.thesmartwaytopay.co.uk/di...guarantee.aspx