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[email protected] · September 18th 14, 09:29 AM posted to uk.transport.london

On Thu, 18 Sep 2014 10:25:49 +0100
Neil Williams wrote:
On 2014-09-18 09:25:00 +0000, d said:

]I asked the question because I opened a new account recently and received
a contactless card even before I'd made a deposit and I had no overdraft
agreement so in theory I could happily spend my virtual 20 quid and I can't
see how the vendor would recover the money since the banks computer would
just
tell them to **** off when reconciliation is done.

Or it would perhaps more likely take you 20 quid into an unauthorised
overdraft.

Some accounts simply don't allow an overdraft - or to go beyond an agreed
limit, full stop. Perhaps the bank just forwards your details and the vendor
has to recover the money some other way though whether it would be worth the
effort for a few quid is another matter.

--
Spud