answersLogoWhite

0

On bank statements, "AFTS" typically stands for "Automated Funds Transfer System." It refers to transactions where funds are electronically moved between accounts, often for payments or transfers. This could include direct deposits, bill payments, or transfers between different banks. If you see "AFTS," it indicates that the transaction was processed electronically rather than via a physical check or cash.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What does TFR mean on bank statements?

TFR


What do reference numbers on bank statements mean?

e reference number on a bank statement mean


What does STO mean in bank statements?

Standing order


What does WDL mean on your bank statements?

It means withdrawal.


What does FCHG mean on bank statements?

Folio charge


How can I find my bank statements?

You can find your bank statements by logging into your online banking account, visiting your bank's website, or contacting your bank directly to request a copy of your statements.


What is an alternative to paper bank statements?

An alternative to paper bank statements is receiving electronic statements through email or accessing them online through your bank's website or mobile app.


Where can I find my bank statements?

You can find your bank statements by logging into your online banking account or by visiting your bank's website and accessing the statement section. You can also request physical copies of your statements from your bank branch or through their customer service.


When are bank statements typically sent out?

Bank statements are typically sent out on a monthly basis, usually at the end of each month.


How do I get copy of my June bank statements?

To obtain a copy of your June bank statements, you can log into your online banking account and navigate to the statements section, where you can download or print the document. Alternatively, you can visit your bank's branch and request a printed copy from a teller. If you prefer, you can also contact your bank's customer service for assistance in obtaining your statements.


What do the abbreviations on a bank statement mean?

Depends on which bank as all will have a different format for their statements. Usually though, the back of the form (statement) has an explanation of the symbols being used.


How do you get bank statements dating back to 1991?

You can request bank statements dating back to 1991 by contacting your bank's customer service. They will be able to provide you with the necessary forms or instructions on how to obtain these statements. Keep in mind that there may be fees associated with this request, and it may take some time to retrieve older records.