What is a direct debit failure fee?

This fee is charged by your finance provider if they are unable to collect a direct debit from the bank account details we hold on file for your policy.

How much is the fee?

If your finance provider is Close Brothers, the fee is £30.

If your finance provider is PremFina, the fee is £27.50.

Why do you  charge this fee?

This fee is charged by your finance provider to cover their admin costs to rearrange collection of your direct debit.

 

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