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.
bc in bank statment means
it means that it show the difference between the cash book and bank statement
On a bank statement, CD stands for "Certificate of Deposit." A CD is a type of savings account that offers a higher interest rate in exchange for the account holder agreeing to leave their money deposited for a fixed term. Withdrawals before the maturity date may incur penalties.
Local Currency
It means Bank Giro Credit
ITL on a bank statement means International.
To determine if a CD has been cashed, you can check your bank statement or contact your bank to see if the funds have been withdrawn from the account associated with the CD.
on a bank account statement, it means Payable On Death
indication
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
It means Bank Giro Credit
"ND" on a bank statement could stand for "No Debits," which means that no money was withdrawn or debited from the account during the period covered by the statement.
It means "Funds Transfer"