On Jan 9, 2008 8:32 PM, Suresh Ramasubramanian <[EMAIL PROTECTED]> wrote:


> Direct debit does exist, and I use it to pay my cellphone and some other
> bills.


Wait a sec. All direct debit's I have set up have been in writing - through
signed letters from me authorizing periodic debits, or limited
power-of-attorneys in case of trading accounts and such.

Badri, are you suggesting Jeremy lost money due to a legitimate feature of
his  banking system? I recently noticed a "Funds Receive" button in my
online bank account. I guess it is time to pay more attention to such new
'features' :)

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