My curiosity has been piqued by The Bill Of Exchange Act 1882, it appears to take a bill that a company sends you and turns it into a request (by you) back to the same company. I'm sure its not that simple, but what validity does this have? - can I send the Giroslip my credit card company sends me back to them and effectively tell them to get stuffed?
Here's a very interesting discussion on this matter...
http://www.talkmagic.co.uk/sutra345844.phpI'm all for fu*cking with the financial institutions, give them some of their own medicine.
So, legal types, what say you? 8)