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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?
Common terminology: A fool-proof guide to the most common banking statement abbreviations. What are bank statement abbreviations? 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 length of your statement and display more data on each line.
- 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,...
Visa Payment Scheme Exchange Rate. Discover what banking abbreviations on your account statement mean. From ATM to VRATE, we explain all transaction types.
Sep 2, 2021 · On a bank statement, the abbreviation TFR generally refers to a transfer of money made. If you see TFR on your bank statement, it means you have transferred money between bank accounts. 3....
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Your HSBC bank statement gives details of everything that’s been paid out and paid in over a given period of time. At the top of the page, it shows your name and address, the period of time covered by the statement and your account name.
