OVO on your bank statement is a transaction descriptor for OVO Energy, a utilities company. OVO Energy is a UK energy supplier focused on greener energy and smart-home tech. A recurring charge is usually your monthly energy Direct Debit, reviewed periodically against your usage.
OVO is a transaction descriptor for OVO Energy, a utilities company.
OVO Energy is a UK energy supplier focused on greener energy and smart-home tech. A recurring charge is usually your monthly energy Direct Debit, reviewed periodically against your usage. It typically appears as OVO ENERGY on your statement.
This code appears on your bank statement because banks display a short payment reference — set by the merchant's payment processor — rather than the company's full trading name. The code OVO is the official identifier that OVO Energy registered with Visa or Mastercard.
OVO Energy is a well-known, legitimate company. Most charges from this merchant are authorised and relate to purchases or subscriptions you signed up for. If you don't recognise the charge, check your email for a receipt or log into your OVO Energy account to review recent activity.
OVO Energy may also appear on your statement as:
OVO is a bank statement transaction code for OVO Energy, a utilities company. OVO Energy is a UK energy supplier focused on greener energy and smart-home tech. A recurring charge is usually your monthly energy Direct Debit, reviewed periodically against your usage. It typically appears as OVO ENERGY on your statement. This descriptor appears because banks display a shortened payment code instead of the full company name.
OVO Energy is a well-known, legitimate company. Most charges from this merchant are authorised and relate to purchases or subscriptions you signed up for. If you don't recognise the charge, check your email for a receipt or log into your OVO Energy account to review recent activity.
OVO appears on your statement because OVO Energy processed a payment through their card payment provider. The code is set by their payment processor and is the official descriptor registered with Visa or Mastercard. Common reasons include a subscription renewal, a one-off purchase, or a trial period that has converted to a paid plan.
To stop OVO charges from appearing on your statement, you need to cancel your OVO Energy subscription or account. Log in to the OVO Energy website, go to your account settings, and cancel your subscription. If you cannot find the cancellation option or do not recognise the charge, contact your bank to dispute it and block future payments.
If you believe you have been charged incorrectly by OVO Energy, first contact their customer support to request a refund. If they are unresponsive or unhelpful, contact your bank and ask to raise a chargeback. You typically have up to 120 days from the transaction date to raise a chargeback claim. For credit card purchases over £100, you may also be protected under Section 75 of the Consumer Credit Act.
For more information about OVO Energy and all its known transaction codes, visit the OVO Energy merchant page.