Recent content by bazzais
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Why do banks use 'working days'?
That why some places let you use the card beow the floor limit - cos it doesnt effect them. putting someone into debt without permission is illegal and not coverd by protection- bazzais
- Post #35
- Forum: General Business Forum
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Why do banks use 'working days'?
Thats why there is a minimum transaction on cards in some stores - not for the cost but becuase they dont get authority for anything under the floor limit - thats how you can borrow money and get fined on a card that offers no credit - its good as a student though as you can always buy a pot...- bazzais
- Post #33
- Forum: General Business Forum
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Why do banks use 'working days'?
Everything is digitised and wingged these day - no-one is going through transactions of any kind - you would need the exact amount of population to card holders just to follow everything. Even the likes of CHAPS and BACS is not monitored unless you go over the floor limit for fraud investigation- bazzais
- Post #32
- Forum: General Business Forum
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Why do banks use 'working days'?
Its the calls from any error they are trying to manage - not the transactions themselves - there would be no point in managing the customer if it went through on saturday night when they give everyone a sunday off.- bazzais
- Post #31
- Forum: General Business Forum
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If using your home address for your limited company
No your house or more importantly its contents are safe unless its secured on a loan made to the business/yourself to run the business. This is where becoming a Ltd company comes in as appropriate - it has its own debts. If you were running as a sole trader in busniess and fell into debt and...- bazzais
- Post #6
- Forum: General Business Forum