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A CD is a Certificate of Deposit, which is a financial product that pays a higher rate than a traditional savings account in exchange for an agreement that the deposit will remain in the bank for a fixed period of time. Periodic statements are not typically issued for a CD. Some banks such as Bank of America offer a hybrid or flexible savings plan that combines elements of a savings account and a CD. With these accounts, it is possible that a monthly or quarterly statement would be issued.
Adrain Weissnat
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What does bc mean on a bank statement?
bc in bank statment means
What does exactly bank reconciliation statement mean?
it means that it show the difference between the cash book and bank statement
LCY means in bank statement?
Local Currency
What does the code bgc on Natwest bank statement mean?
It means Bank Giro Credit
What does SO mean on a bank statement?
It means standing order
What does 'ITL' mean on a bank statement?
ITL on a bank statement means International.
What does POD on a bank statement mean?
on a bank account statement, it means Payable On Death
What does INDN mean on a bank statement?
indication
What does bc mean on a bank statement?
bc in bank statment means
What does exactly bank reconciliation statement mean?
it means that it show the difference between the cash book and bank statement
What does CHGBK mean on your 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.
LCY means in bank statement?
Local Currency
List entry on bank statement?
A List Entry is typically on a Westpac Bank Statement and means you have been debited for an unknown reason
What does the code bgc on Natwest bank statement mean?
It means Bank Giro Credit
What does ND mean on your bank statement?
"ND" on a bank statement could stand for "No Debits," which means that no money was withdrawn or debited from the account during the period covered by the statement.
What does SO mean on a bank statement?
It means standing order
What does sbt mean on a bank statement?
It means "Funds Transfer"
