Most typically it refers to cheques you have drawn on the account. Automated debits would be standing orders etc.
"PA" on a bank statement typically stands for "Payment Authorization." It indicates that a payment has been authorized, often concerning transactions like direct debits or automatic payments. If you see this notation, it usually means that a transaction has been approved and processed by the bank.
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.
what does ga mean on bank statement
"ASD" on a Barclays statement typically stands for "Automated System Delivery." It is a code used by Barclays to categorize automated transactions, such as direct debits or standing orders. These transactions are automatically processed without the need for manual intervention, hence the term "automated system delivery."
ACR on a bank statement typically stands for "Automated Clearinghouse Receipts." It indicates transactions processed through the Automated Clearing House network, which is used for electronic payments and money transfers, such as direct deposits and bill payments. ACR entries may represent a variety of transactions, including payroll deposits or recurring payments. If you see this on your statement, it's a way of identifying those specific electronic transactions.
"ND" on a bank statement could stand for "No Debits," which means that no money was withdrawn or debited from the account during the period covered by the statement.
"Pall ll electron" on a bank statement typically refers to a type of electronic payment or transaction. It may indicate automated transactions or payments processed through electronic means, such as direct debits or online transfers. The specific meaning can vary depending on the bank's terminology, so it's always a good idea to consult your bank for clarification if you're unsure.
External ATM ( ATM of other banks ) withdrawl
"PA" on a bank statement typically stands for "Payment Authorization." It indicates that a payment has been authorized, often concerning transactions like direct debits or automatic payments. If you see this notation, it usually means that a transaction has been approved and processed by the bank.
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.
what does ga mean on bank statement
"ASD" on a Barclays statement typically stands for "Automated System Delivery." It is a code used by Barclays to categorize automated transactions, such as direct debits or standing orders. These transactions are automatically processed without the need for manual intervention, hence the term "automated system delivery."
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ITL on a bank statement means International.