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Mbp

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Jackdaw33 | 13:48 Sun 15th Oct 2017 | Business & Finance
6 Answers
Just noticed on my bank account that the DD for my TV licence is followed by these 3 letters. I know what GBP stands for but what is MBP?
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Avatar Image sunny-dave
It's a guess ...

Monthly Bank Payment ?
13:51 Sun 15th Oct 2017
Avatar Image Jackdaw33
Question Author
Makes sense. Just that none of my other monthly DDs have this.
13:54 Sun 15th Oct 2017
Avatar Image Baldric

MBP is Monthly Budget Plan. If you need to query this, please email [email protected].
13:59 Sun 15th Oct 2017
Avatar Image hc4361
It means you pay for your TV licence on their Monthly Budget Plan
13:59 Sun 15th Oct 2017
Avatar Image Jackdaw33
Question Author
Thanks. That's cleared that up.
14:01 Sun 15th Oct 2017
Avatar Image THECORBYLOON
"The following explains the acronyms used for the different payment methods identified in the table above:
• MBP – Stands for Monthly Budget Plan which is the standard monthly Direct Debit scheme.
• QBP – Stands for Quarterly Budget Plan which is the standard quarterly Direct Debit scheme.
• DDA – Stands for Direct Debit Annual which is the standard yearly Direct Debit scheme.
• DDI – Stands for Direct Debit Instalments which is an old monthly Direct Debit scheme that is not:open to new joiners."
14:02 Sun 15th Oct 2017

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