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Season ticket direct debit



Worthing exile

New member
May 12, 2009
1,219
Looks like Mr Barber should look in to this. 20,000 direct debits at say £20 a go, that is £400k that has been collected a day late.
Not only is there a loss of interest that will start to add up if that happens every month, but if they operate good money management and had bills/wages to pay yesterday then they may have had to borrow money from the banks or uninvest some.
 




Hove Seagull

Well-known member
Feb 18, 2008
1,252
Havant
Looks like Mr Barber should look in to this. 20,000 direct debits at say £20 a go, that is £400k that has been collected a day late.
Not only is there a loss of interest that will start to add up if that happens every month, but if they operate good money management and had bills/wages to pay yesterday then they may have had to borrow money from the banks or uninvest some.

Double that
 




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