• Join Date: May 2021
    Posts: 1
    Thumbs Up
    Received: 1
    Given: 0

    Payment additional to full balance DD
    03-05-21 , 23:15

    Hello,

    ​​​​​​​If my full balance was £5000 for the month and I made a one off payment of £3000 in advance of the full balance DD, would the DD be automatically reduced to £2000?
    Click below to see solutions
  • Join Date: Mar 2020
    Posts: 1,541
    Thumbs Up
    Received: 837
    Given: 462

    Best Answer
    04-05-21 , 06:52

    Morning @Gazzamit

    If you make the £3000 payment in advance of the direct debit process starting then the direct debit (the process takes at least 3 working days) would automatically take the remaining balance, in this case £2000 assuming you've got your direct debit set up to pay the full outstanding balance.

    Hope this helps!!

    Warm wishes, Caz @25H
  • Join Date: Sep 2017
    Posts: 256
    Thumbs Up
    Received: 66
    Given: 116

    Best Answer
    04-05-21 , 09:08

    Hey @Gazzamit, thanks for your message As @25H has said above, provided the payment clears before we take the direct debit for the full balance, the amount would be adjusted to reflect the lower balance. I hope this clarifies things for you.
© 2021 Tescobank.com All rights reserved
Sitemap