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Chg in banking terms may refer to a Charge or a Fee that a bank may charge your bank account for some reason. For ex: If the minimum balance requirement in your account is Rs. 1000/- and you fail it, the bank may go ahead and charge you a penalty fee (as per the account opening agreement) on your account. This will reflect as "Chg" in your statement.
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What does chg stand for on your bank statement?
what dose chg maens
What does tomc mean on your bank statement?
Tomc is not a common abbreviation on a bank statement. You can contact your local bank for a list of terms related to bank statements. Examples of commonly found abbreviations on a bank statement are TRF, DR, and CHG. TFR stands for transfer, DR is a debit, and CHG is a charge or fee from your bank.
What does chg mean on a bank statment?
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