I am in a process of setting up a HiSAVE account with this Indian bank. I have noticed that they set-up two direct debits on my current account with A&L. When I questioned it I was told that they always set two direct debits, the second one as a back-up. I do not know what to think about that. Has anyone else used the bank and had two direct debits set-up?
Best regards divoch
Yes and yes.
I've not had any problems so far, but I haven't tried taking money out yet.
Gareth.
I concur, and, as yet, have had no issues withdrawing the money from them.
Ian
I only had to set up one direct debit... had no problems at a time when there appeared to be mayhem for everyone else, however one transaction I had really put me off. I transferred 25k to Hisave only to find that it never left my current account in January 2006. Despite 4 emails to icici and their confirmed receipts this error still exists. In my mind it would not take many errors like mine before their accounting errors become unsustainable!
OK, thanks divoch
Yes, that would be annoying, but the reason could be that you did not have this second "backup" DD set up -:) I did not set up two DD, they did. But seriously, what puzzles me is why it should be necessary to use DD to transfer money from your current account to HiSAVE account. Why not just make a bank transfer from your other bank current account to HiSAVE. Is that not allowed or possible with HiSAVE ? divoch
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