If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Delay in charge being applied on Credit Card

hedgehunter · 2009-01-22 13:48:59

Hi, Is there a limit on the time which a retailer has to process a charge to be applied to a credit card? And if so, what it is? Thank you in advance.

Options

22-01-2009 2:48pm

#1

hedgehunter

Closed Accounts Posts: 6 ✭

Join Date: January 2006

Posts: 3

Hi,

Is there a limit on the time which a retailer has to process a charge to be applied to a credit card? And if so, what it is?

Thank you in advance.

0

Comments

Options
#2 22-01-2009 3:11pm
GerardKeating

Registered Users Posts: 7,650 ✭✭✭

Join Date: November 2001

Posts: 7370

hedgehunter wrote: »

Hi,

Is there a limit on the time which a retailer has to process a charge to be applied to a credit card? And if so, what it is?

Thank you in advance.

Visa/Mastercard scheme rules allow up to six months, but I have seen charges applied nine or more month later.

Some debits cards are 48 hours.

Some banks will automaticaly reject any late presentment, others do not. It is sometimes easier to dispute a very late charge, the merchant might have not the require documentation...

0