Sentence examples for unpaid items from inspiring English sources

Exact(4)

Watch out for charges for unpaid items, typically £5 each, and around £15 if the bank makes the payment, even though it exceeds your overdraft.

The dispute escalated in 2005 when Mr. De Vos and his associates sued Mr. Perelman in State Supreme Court in Manhattan in an effort to collect the $1 million they claimed they were owed on the unpaid items.

Previously Lloyds customers taking out unauthorised overdrafts faced interest payments at an annual rate of 19.89%, a daily charge of up to £10, the monthly charge of £6, and up to £30 a day for returned (unpaid) items.

Using an unauthorised overdraft can be costly, both in terms of interest rate and charges from the banks for both paid and unpaid items which are outside your agreed limit.

Similar(56)

Among them an unpaid item for $20 76, for which we enclose a statement".

It said the maximum amount customers would pay in unpaid item fees would fall from £114 a day to £50 a month.

A spokeswoman for Which? said the charges could be even higher if interest payments or possible unpaid item fees were included, or the money was borrowed over two monthly charging periods, because the maximum charge related to the charging period and not how long the money was borrowed for.

From 1 October the bank will cut the monthly charge for going overdrawn without the bank's permission from £28 to £20, while the "unpaid item fee" - imposed when a cheque, direct debit or standing order bounces - is being chopped from £38 to £5.

However, it is a big change for the millions of standard current account holders, who have got used to a mix of "carrots" and "sticks": a 0.1% in-credit interest rate, agreed overdraft rate of 19.5%, unauthorised overdraft rate of 28.8%, plus various charges such as the "unpaid item fee".

If a seller does get an unpaid item, they can file a case as early as two days after the item sold.

Click the "Yes" option to enable the Unpaid Item Assistant to open and close unpaid item cases on your behalf.

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