Exact(4)
A spokesman told Money that it now accepts that it should not have debited the money without giving him notice.
Although you know exactly how much you'll be debited, the downside is that it gives the retailer the opportunity to use an uncompetitive and costly exchange rate.
"Although you may think it's useful to know exactly how much you'll be debited, the downside is that it gives the retailer the opportunity to use a poor local bank exchange rate, which could see you paying well over the odds – in some cases by 3% or 4%.
Usually your account will be debited the same day to make the transfer and the bank will send out the payment immediately.
Similar(56)
The person debiting the fee electronically must obtain the consumer's authorization.
Instead, the payee receives a single-use "token" allowing them to debit the payment only once.
"In most cases, we'll also debit the seller for the amount of the sale," the site informed me.
Users select a subscription period, then click to order; this then debits the credit card associated with their iTunes account.
Earnin debits the amount the customer borrowed on pay day.
The California Department of Transportation's FasTrak pays each bridge toll by communicating with an antenna suspended above the tollgate that debits the balance in the driver's account.
I had to debit the customer's credit card and call to let her know.
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