FAQs
Repayment from your account
Can someone take money from my account to repay a debt without my consent?
In certain cases, yes. It is what is called compensation. For example, you have an account at the bank that issues your credit card and you have an overdue payment. The bank can take funds from your account to repay the amount owing. The same thing can happen if you have contracted a loan at a bank where you also have an account.