Originally Posted by
leavingonajetplane
Hmm...how come when I go to M&S/Sainsburys etc, they can refund something back to my debit card and the amount appears in my account within minutes? Is it do do with the cardholder not being present?
Assume you are PIN authenticating for the refund? In which case the merchant network will authorise credit to your account - the actual transaction will then appear on your statement about three days later with good value.