BP stands for Bill Payment - the payment has been transferred from another bank account. BP actually stands for BACS Payment. Which is Bankers' Automated Clearing Services'.
BAC, or BACS as it is sometimes called, stands for Bankers Automated Clearance System. Basically it's an automated payment. For example, a salary - your employers bank has your banking details, so they can automatically pay your wages when they are due.
bc in bank statment means
it means that it show the difference between the cash book and bank statement
Local Currency
It stands for Bank Giro Credit. It generally means that a company has transferred money into your account via BACS or a government agency has paid benefits into an account.
BACS is an acronym for "Bankers' Automated Clearing Services."
BP stands for Bill Payment - the payment has been transferred from another bank account. BP actually stands for BACS Payment. Which is Bankers' Automated Clearing Services'.
ITL on a bank statement means International.
on a bank account statement, it means Payable On Death
indication
BAC, or BACS as it is sometimes called, stands for Bankers Automated Clearance System. Basically it's an automated payment. For example, a salary - your employers bank has your banking details, so they can automatically pay your wages when they are due.
bc in bank statment means
it means that it show the difference between the cash book and bank statement
The term CHGBK on a bank statement means a chargeback. A chargeback can occur when a check is returned to the bank for insufficient funds.
Local Currency
A List Entry is typically on a Westpac Bank Statement and means you have been debited for an unknown reason