There is no requirement to send your repayment as a single transfer. If it suits your cash-flow, you can make two or more partial payments in the days before the due date, provided the total clears by the close of business on the due date.
How partial payments are allocated
Each transfer is applied to your outstanding balance as it arrives. If the cumulative total reaches or exceeds the amount due before the due date, no further collection action is taken. If the total falls short by the due date, any remaining balance is treated as overdue and a follow-up notice is sent. We do not retain a running tally of expected split payments, so it is your responsibility to ensure both transfers reach us in time.
Reference and timing
Use your Credicorp account number as the payment reference on every transfer — not just the first one. If you omit the reference on a partial transfer, it may be held for manual matching, which could cause it to post after the due date even if it arrived in time. For Faster Payments this is rarely an issue, but allow at least one working day extra around month-end or bank holidays.
Credicorp Flex and Slice specifics
For Credicorp Flex, partial payments reduce your drawn balance as they arrive and free up availability immediately. For Credicorp Slice, the scheduled instalment amounts are fixed; sending a partial transfer does not defer the remainder of the instalment — the outstanding portion remains due on the original date.
We lend only to UK limited companies and LLPs, and the loan is to the company with no director personal guarantee. As business finance outside the consumer-credit regime, it is not covered by the Financial Ombudsman Service or FSCS.
See also: Can I pay from a different bank account than the one I applied with?, How do I get a payment receipt or confirmation?, Can I reschedule a single repayment?