Quote:
Originally posted by Trixxxia
In Canada, if you want to stop a payment on your chequing account there is a fee of about $ 20.00 + you have to go to the branch and sign 'legal documents' - if you are charging back (saying you didn't authorize it) the bank will suggest you close your account to prevent fraud + they'll ask how the hell the company got your data. It's a little more of a hassle to do that.
As for the credit cards - do they debit your account automatically and is it for the full amount of your statement? In North America, most credit cards allow you to carry forward your balance and allow you to pay 5% of your total as a minimum payment.
The old American Express (which are still in existance) have to be paid in full at every statement.
|
In Europe - especially in Germany - it is just the other way round. The webmaster has to pay the fee to the bank if the customer refuses the billing. Of course it´s a crime if the customer does this without a good reason, but try to get your money from a german court while you are living in canada. This difficulty you´ll have to see before making a decision.
Feel free to contact me on ICQ 154723327