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Late debit card transactions?

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  • 08-04-2012 8:38pm
    #1
    Donkathon
    Registered Users Posts: 932 ✭✭✭


    Just a quick question,

    Bought a laptop a few months back for €800 using my debit card,

    got a call during the week to say that this debit transaction has only just come through to them & no available funds for it but as I'm not working now & dont have the cash for it atm

    I've looking at my banking online & by looking at my past transaction i've like €4 left but account reads -€795 but no transation showing up for the €800 yet

    My question is what is going to happen to this transaction?
    Is the retailer going to be refused or is my account going to stay overdrawn until I can pay it?

    (I dont have an agreed overdraft btw)


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    #2
    GerardKeating
    Registered Users Posts: 7,623 ✭✭✭GerardKeating


    Donkathon wrote: »
    Just a quick question,

    Bought a laptop a few months back for €800 using my debit card,

    got a call during the week to say that this debit transaction has only just come through to them & no available funds for it but as I'm not working now & dont have the cash for it atm

    I've looking at my banking online & by looking at my past transaction i've like €4 left but account reads -€795 but no transation showing up for the €800 yet

    My question is what is going to happen to this transaction?
    Is the retailer going to be refused or is my account going to stay overdrawn until I can pay it?

    (I dont have an agreed overdraft btw)

    In theory an authorization for a debit card is only valid for 2/3 days, but you did buy the laptop, and did not not notice the extra €800 in your account the past few months.

    You could postpone this, by raising a dispute with your bank over the transaction, but they won't like it.


  • Options
    #3
    Donkathon
    Registered Users Posts: 932 ✭✭✭Donkathon


    GerardKeating wrote: »
    In theory an authorization for a debit card is only valid for 2/3 days, but you did buy the laptop, and did not not notice the extra €800 in your account the past few months.

    You could postpone this, by raising a dispute with your bank over the transaction, but they won't like it.

    The thing is I know to shop owner personally & I am 100% not going to screw him over by disputing the charge but I'm just worried about the aib turning around and sending it back to him unpaid

    I dont mind taking my time with the bank paying off €50 a week off it but how long will they let the transaction stand before they refuse it? be a struggle for €800 lump sum

    & I've been talking to the shop owner almost weekly & he hasn't mentioned not receiving the funds?


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    #4
    mackmuffin
    Closed Accounts Posts: 305 ✭✭mackmuffin


    GerardKeating wrote: »
    In theory an authorization for a debit card is only valid for 2/3 days, but you did buy the laptop, and did not not notice the extra €800 in your account the past few months.

    You could postpone this, by raising a dispute with your bank over the transaction, but they won't like it.
    But he has the laptop so how would he be able to dispute it?
    Donkathon wrote: »
    The thing is I know to shop owner personally & I am 100% not going to screw him over by disputing the charge but I'm just worried about the aib turning around and sending it back to him unpaid

    I dont mind taking my time with the bank paying off €50 a week off it but how long will they let the transaction stand before they refuse it? be a struggle for €800 lump sum

    & I've been talking to the shop owner almost weekly & he hasn't mentioned not receiving the funds?

    Tis a bit of odd one, maybe tak to him about it?


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