answersLogoWhite

0

A debit slip is a document used in banking and financial transactions to authorize a withdrawal or debit from a customer's account. It typically includes details such as the account number, the amount being debited, and the date of the transaction. Debit slips are often used for various transactions, including cash withdrawals and bill payments, serving as a record for both the customer and the bank.

User Avatar

AnswerBot

1mo ago

What else can I help you with?

Related Questions

What is a charge slip?

Charge slip refers to the voucher printed after swiping and charging a debit or credit card.


What is the meaning of pdn in hdfc ATM statement slip?

what is meanig for PDN debit in HDFC bank atm slip


What is the meaning of pdn debit in hdfc bank ATM slip?

The term "PDN Debit" on an HDFC Bank ATM slip refers to a "Point of Sale Debit" transaction, indicating that the transaction was processed through a point-of-sale system rather than a traditional ATM withdrawal. This could include purchases made using your debit card at retail locations. It signifies a debit from your account for that specific transaction.


What is a debit slip of a bank?

A debit slip is a document provided by a bank that serves as a record of a transaction where funds are withdrawn from an account. It typically includes details such as the date, amount, account number, and the purpose of the transaction. Debit slips are often used for cash withdrawals, bill payments, or transfers, and they help both the bank and the account holder keep track of financial activities.


What is 'pca d' in hdfc ATM statement slip?

In an HDFC ATM statement slip, 'PCA D' typically refers to a "Personal Current Account Debit" transaction. This indicates that funds were withdrawn from a personal current account at the ATM. The 'D' signifies that it is a debit transaction, meaning money has been deducted from the account.


Is a bank deposit slip a credit or debit?

A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.


Is a deposit a debit or a credit?

A bank deposit slip is used for credit. Credit is an action in which money is deposited into a bank account. For doing so, we need to fill a deposit slip. The deposit slip contains details like the name of the account holder, amount of money deposited, the denominations, date of deposit etc.


What is slip system of posting?

A slip system of posting is a way to credit and debit transactions in an accounting system by manually entering them onto a physical or electronic slip or form. This method helps ensure accuracy in recording financial transactions and maintaining proper documentation for auditing purposes. It is commonly used in small businesses or organizations that do not have accounting software.


Is prepaid insurance a debit or credit?

Debit


What do I need to make a withdrawal from the bank?

To make a withdrawal from the bank, you typically need to have a valid identification such as a driver's license or passport, your bank account number, and possibly your debit card or withdrawal slip.


Is drawing debit or credit?

its debit.


How can I withdraw money from a bank?

To withdraw money from a bank, you can visit a branch in person and fill out a withdrawal slip or use an ATM with your debit card. You can also transfer funds online or request a check from your account.