JoeGoaUk wrote: > Flight booking on the internet – > Money goes out of bank a/c instantly but comes back after 7-14 days? ----------------------------------------------------------
Joe, Here in N. America, everyone pays for travel services e.g. airline tickets, hotels, car rentals, etc with a credit card. There are two reasons for this: 1) You usually get six weeks (interest free) to pay for the credit card charges. 2) If the airline goes bankrupt before you fly, the credit card company will do all the work to get your refund. Secondly, some travel services like car rentals and hotels can only be reserved with a credit card. These businesses will not make you a reservation if you suggest another payment method. Once the reservation is made by credit card, the vendor blocks a certain amount on the card. An amount more than what he has quoted you. Even if you lose/cancel your card before you pay your bill, the vendor is still able to get every last cent he is owed. This is good info to remember the next time they get an email from the scamers informing you that your relative has had their wallet stolen on vacation. To answer your question above, a bank will process a transaction the moment it receives instructions from the customer. Delays in refunds are usually because the customer has not sent in the proper instructions or does not have the cash to cover the instructions. Lastly, as we celebrate 18 years of Goanet, I have always felt that you have been the most valuable contributor here. Anyone can post links, insults, jokes or comments. It does not take much to do so. It is a lot harder to send in a well written opinion. You are the only one who makes the effort to document, in pictures, what is happening in Goa today. Thank you for this. Your pictures will be on record long after all of us here are gone. ML06 2110EST
