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Jan 17, 2024 · There can be 100s of gibberish terms found on bank and credit card statements and utility bills. This guide gives a full rundown, including breakdowns of popular gobbledygook, and reveals how to query terms on itemised bills and bank statements if they remain unclear.
Jun 6, 2024 · A complete guide to common bank statement abbreviations. Learn what codes like OD, POS, and ACH stand for when reconciling your account activity and categorizing transactions.
Below are the most common abbreviations for transaction types that may be shown on your bank account statement. For a list of what the mobile app icons mean, please see What do the icons mean on my transactions page in the mobile app? Statement abbreviation. Meaning. ATM.
Our handy table below helps you decode some of the most common abbreviations, from BAC to FPO and DIV to BMACH, and we’ll explain the bank statement abbreviations you might encounter and why they’re so important.
- Your bank statements document all the transactions you’ve made in one month. They’re usually full of abbreviations which allow banks to shorten the...
- The table below lists the most common codes and abbreviations typically found on bank statements. It’s important to note that not all banking provi...
- In an age of simple, quick digital transactions, it’s easy to lose track of what you’re spending and where. That makes it all the more important to...
- If you see a transaction on your bank account that you don’t recognise, and/or money has left your account in an apparently fraudulent transaction,...
Discover what banking abbreviations on your account statement mean. From ATM to VRATE, we explain all transaction types.
Discover what banking abbreviations on your account statement mean. From ATM to VRATE, we explain all transaction types.
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Sep 2, 2021 · If you see BMACH on your bank statement, it means you have made an ATM transaction, Raisin UK says. Of course, if you do not recognise the transaction, you should contact your bank...
