Moral Ethos
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I currently have a AIB business credit card which according to their T&Cs must be paid in full by DD each month.
This morning I checked my online banking and saw a DD for 2.5k gone out for the card payment but I had not received any statement advising me of how much I owed. I was forunate that there was just enough in to cover it. But if there was not enough funds I would be facing bank charges and unauthourised OD fees etc.
Is this practice of DD before a statement acceptable?
Edit: Postman has just handed me my statment dated 3rd of October! The statement balance matches the DD. I still think that this is bad form from AIB.
This morning I checked my online banking and saw a DD for 2.5k gone out for the card payment but I had not received any statement advising me of how much I owed. I was forunate that there was just enough in to cover it. But if there was not enough funds I would be facing bank charges and unauthourised OD fees etc.
Is this practice of DD before a statement acceptable?
Edit: Postman has just handed me my statment dated 3rd of October! The statement balance matches the DD. I still think that this is bad form from AIB.
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