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What does moneybox stand for on a bank statement?
Moneybox stands for a cash point on a bank statement. Cash points are usually stand alone ATMs that charge a small fee.
What does btot dep mean on CHASE bank statement?
On most bank statements for businesses, BTOT refers to the processing fee for a merchant account. In this case, this may be a refund for an overcharge as dep is usually shorthand for deposit.
What is one advantage and one disadvantage of a bank?
Advantage - You can use your account for online bill pay. Disadvantage- The bank charges you Atm fee when you have to get money from another machine.
Can a bank service fee overdraft your account?
A bank service fee can make your account negative. Whether or not they will assess an additional "overdraft fee" depends on the bank's policies and applicable laws in your jurisdiction.
Is there a fee to pay my Key Bank bill online?
As it appears to me, this is a free service that is available for people using the key bank site, however the everyday service charge that they have might apply.
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 is tele service fee on your bank statement?
why do they take money out of your account
What does chg mean on bank statement?
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.
Is there a service fee for using Abbey online banking?
There is no fee to use the online banking feature of the Abbey Bank. Currently they are updating to a "New Online Banking." Any fees that you incur from Abbey Bank remain, however there is no extra fee for online banking.
What does moneybox stand for on a bank statement?
Moneybox stands for a cash point on a bank statement. Cash points are usually stand alone ATMs that charge a small fee.
What does btot dep mean on CHASE bank statement?
On most bank statements for businesses, BTOT refers to the processing fee for a merchant account. In this case, this may be a refund for an overcharge as dep is usually shorthand for deposit.
How do you request for bank statement?
You contact (call, write, email) the bank where you hold the account and ask for a statement of your account. Some banks charge a fee for this service so don't forget to ask about any charges to get a statement.
What does it mean if your billing statement with Charter says payment processing?
You may be charged a Phone Processing Fee if you do not pay your bill in full. If your payment is rejected by your bank because of non-sufficient funds, you may be charged a processing fee.
If you need to withdraw 20 using an ATM owned by Wild Westbank your bank Mountain Bank is probably going to charge you a fee for using a?
foreign ATM and the fee will show up on your next monthly statement.
Why is the balance as per bank statement on the bank reconciliation statement a credit if its a favorable balance but in the bank account the credit means you owe the bank money?
The Debit and Credit on a bank statement reflect the Bank's accounting records, not yours. So when you deposit money into your account, the bank owes you that money to you - it is a liability for them, therefore a credit entry. Similarly, if they charge you a bank fee, it reduces their liability to you, so they would Debit your account (on their books) and Credit an Income account.
What is it called not having enough money in the bank?
Insufficient Funds. Most banks will show INS on your statement and most will charge a fee for this.
What would appear in the Debits column of a bank statement for a checking account?
An online bill payment APEX
