BAC, or BACS as it is sometimes called, stands for Bankers Automated Clearance System.
Basically it's an automated payment. For example, a salary - your employers bank has your banking details, so they can automatically pay your wages when they are due.
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ITL on a bank statement means International.
BAC Home Loans Servicing, LP is a subsidiary of Bank of America. Visit their website for contact information or call the phone number on a statement received from BAC.
GH Bank R-bac was created in 2010.
on a bank account statement, it means Payable On Death
indication
Electronic Bank Payment
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