Finally we are closing in on that point where the PER and charging date come much closer. We are operating at 12 May PER and 14 May Charges meaning a difference of 2 days only. I think CIC will aim to bring this down much more, as they would want to be operating in a more real time manner.

This will get more important further down the road as CIC would like to keep a watchful eye on CAP’s and to avoid going over cap. That is not to say, I am pretty sure they do go over the CAP by a few (the lucky ones :))