0
Could mean a few things. Could mean you have sold something that the buyer never received and you were charged back for the money they payed you. It could also mean you cashed a check at your bank that was refused by the bank on which it was written and so your bank has charged you back with the money you received.
This is becoming a real problem for people involved in online auction selling as the charge-back is just applied on the say so of the buyer. Consequently, some people are receiving the goods then claiming not to have done so and getting a refund leaving them with the goods and the money. Even proof of delivery seems insufficient to reverse this decision and if someone says they didn't authorise the use of the credit card, the charge-back happens automatically. Seller beware as I speak from personal experience.
What else can I help you with?
What does GA on a bank statement mean?
what does ga mean on bank statement
What does CUI abbreviated on a bank statement mean?
CUI means Centralised Unpaid Item and normally relates to a cheque if the sender has cancelled the cheque.
What does ebp mean on a bank statement?
Electronic Bank Payment
What does bc mean on a bank statement?
bc in bank statment means
What does reconcile a bank statement mean?
103.52
What does CHGBK mean on your 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.
What does GA on a bank statement mean?
what does ga mean on bank statement
What does g p mean on bank statement?
what does GP mean on bank statement
What idoes Mae mean on a bank statement?
MAE mean on a bank statement
What does the abbreviation TD mean on lloyds tsb bank statement?
What does TDN mean on bank statement
What does fl gross mean on tsb bank statement?
what does fl fross mean on your bank statement
What does 'ITL' mean on a bank statement?
ITL on a bank statement means International.
What does CUI abbreviated on a bank statement mean?
CUI means Centralised Unpaid Item and normally relates to a cheque if the sender has cancelled the cheque.
What does POD on a bank statement mean?
on a bank account statement, it means Payable On Death
What does INDN mean on a bank statement?
indication
What does ebp mean on a bank statement?
Electronic Bank Payment
What does contingent on a will mean?
what does a contingent mean on a bank statement.
