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Thread: Double debits

  1. #1
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    Double debits

    Something which is happening more frequently and to more people.

    What happens to to the money which is double debited, lets say R500 is doubled debited when you fill up with petrol, i noticed the other day that it takes as long as 3 days to reverse, If this is happening to lets say 50 people a small figue, but at 500, thats "25 000 per day", where does it go and who benefits or looses from this transaction. We all know you get nothing for nothing and ever transaction is billed to your account. So looking at the big picture, there is an amount debited from your account and generally there would be a fee attached.

    So the question for the people in the know, is it just a figue which is displayed on your statement or is someone paying or earning interest.

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    Today again, check my absa credit card statment, you wont beleive it, yes more double debits on the 21/12/2012. Time to close the account. Having to go back to each place each time and notify the store or garage because the bank say it is not thier problem and they cannot reverse the double debit. It is just not worth the hassle.

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    Site Caretaker Dave A's Avatar
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    Good grief, Ian - you must be a sh*t magnet!

    I've only ever had it once (parking at the then Durban Airport) years ago.

    Or maybe I'm just lucky
    The trouble with opportunity is it normally comes dressed up as work.

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