In message f4Cao.12267$X27.1445@hurricane, at 21:14:03 on Tue, 17 Aug
2010, " remarked:
Oyster cannot support the £300 charge made for lost or terminally
damaged bicycles.

A registered Oyster does know who you are, however, and can simply
post or directly deduct from your current account the fine for the
damage.

Does every registered Oyster have a bank account associated with it - or
just the ones set up for auto-topup?

No, just the ones that are registered and set with an auto top up as
would most likely be the scenario if the Oyster starts to cover cycle
hire.

So it's a kind of "three tier" Oyster card scheme[1]. More complication
for customers to get their heads round

[1] Basic, registered, and registered + auto-topup.
--
Roland Perry