On a bank statement, "Des" typically stands for "description." It provides details about a specific transaction, such as the merchant name or type of transaction, helping account holders understand their account activity better. This information can aid in tracking expenses and identifying any discrepancies.
Significant other
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express money service
direct deposit account
Pending authorization Or Posted authorization
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draftScreen
The abbreviation "DES" on a bank statement typically stands for "Description." It is used to provide a brief description of the transaction or payment that was made. In this context, "DES PAYMENT" would indicate that the transaction was a payment of some sort.
Moneybox stands for a cash point on a bank statement. Cash points are usually stand alone ATMs that charge a small fee.
BDC stands for Bank Debit Card
Significant other
Branch
VOU
Maestro Card Transaction
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Point of sale
IBP on a bank statement commonly stands for **Internet Banking Payment**. It indicates a transaction made through your bank’s online banking platform, such as fund transfers, bill payments, loan repayments, or purchases completed digitally. The exact meaning may vary slightly between banks, so it is advisable to check the transaction details or contact your bank for confirmation. IBP entries help customers easily identify payments made through internet banking services.