Standing Order missed

D

dave29

Registered User
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108
Hi All,

What happens if a standing order payment is missed ?

I normally pay €50/week to my credit union by standing order. But this week the money wasn't there.. Will they still take it next week or does it cancel the thing completely because I missed one ?

I don't want it canceled or anything.. I just didn't have the money in my account this week.
 
It would be good to contact them and let them know. I have no idea what their procedure is for this situation.
 
Was it a standing order or a direct debit?

It it's a direct debit, contact the CU and they will probably represent it.

With a standing order, you tell the bank to pay out the amount. If they did not do so, I presume that they won't do it again. So you can make the payment manually.

Brendan
 
It's a standing order not DD.

This was a standing order that came out every Wednesday.. and has done for the last 2 years.. I just missed this one.

I can go to the credit union tomorrow and make the €50 payment.

But what will happen next Wednesday... will the payments continue to come out ?
 
Standing order should continue, as normal, as far as I know. However, you probably have incurred an unpaid charge, unfortunately.
 
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