DDA stands for demand deposit account. It is a bank account in which you can deposit and withdraw money. A form of a demand deposit account is a checking account.
direct deposit account
ABA (American Banker's Association) is the banks routing number. It's the address to the bank. DDA (Demand Deposit Account) is your account number at the bank. It's the address to your account.
A "debit" is a subtraction and "DDA" means checking account. You should contact your bank directly for information about exactly WHY your account was debited, but here are some possible reasons:- You requested a transfer to another account from your checking account, and a DDA debit form was used to complete the transfer- You are overdrafted on another account or owe the bank money and they have recollected their loss by debiting your checking account- You deposited checks and totaled them wrong on the deposit slip, so the bank has made an adjustment to reflect the correct total- You are being charged for another reason, such as a returned check
DDA stands for Demand Deposit Account. It is your deposit account. A term used widely in payments industry
There are several numbers located on the bottom of a check. There is the ABA number and DDA number, The DDA number stands for Demand Deposit Account and is the same as your account number.
It Means That You Account Has Been In Overdaft For So Long That The Bank Has Written It Off So There For You Dont Owe Any Money
Demand Deposit Account
DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....
Its a legal order levy, from a creditor with a judgement or the IRS who are legally required to get a judgement and legal order before they levy your account, but they often just notify the bank and the bank turns over your money without a proper legal process.
# Cash account to Bank account # Bank account to Cash account # Bank account to Bank account
"you have a bank account in this bank" is the right phrase.