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What does accepting deposits mean?
It means to give a down payment , towards the article.
What does OA mean?
open and accepting
What does a Deposits made which do not clear in time to appear on the current bank statement mean?
One or more deposits were made after the account was settled that month for statement processing, but before the statement could actually be processed and printed for mailing. This tends to be a rare event (and getting rarer as the delay between settlement and processing is shortened with better computers) and a bank would only show this information (or corresponding withdrawals) on your statement as a courtesy. Don't worry, those deposits will appear on the following month's statement.
What does BD mean on a bank statement?
On a bank statement, "BD" typically stands for "Balance Date," which indicates the date on which the balance was calculated. It helps account holders understand when the reported balance reflects transactions and deposits. It's important for tracking financial activity and reconciling accounts.
What does Q mean on bank statement?
The letter "Q" on a bank statement typically indicates a transaction that is categorized as a "qualified" transaction. This can refer to certain types of payments or deposits that meet specific criteria, such as being eligible for a particular type of interest rate or fee waiver. However, the exact meaning can vary by bank, so it’s best to consult your bank's glossary or customer service for clarification.
What does accepting deposits mean?
It means to give a down payment , towards the article.
What does commercial bank mean?
A commercial bank is a financial institution that provides a range of services, including accepting deposits, offering loans, and facilitating payment transactions for individuals and businesses. These banks primarily aim to generate profit by charging interest on loans and providing various financial products. Additionally, they play a crucial role in the economy by facilitating capital flow and supporting economic growth. Commercial banks are regulated by government authorities to ensure stability and consumer protection.
What do you mean by commercial bank?
It can be defined as followed. Bank engaged in commerce.
What do you mean by Commercial?
It can be defined as followed. Bank engaged in commerce.
What is the swift code routing number for Muslim commercial bank Pakistan?
what is my muslim commercial bank account swift code routing number
What do you mean by reverse repo rates?
# 2 Repo rate is the discounting rate at which central bank borrows security from commercial bank.Repo means repurchase agreement b/w RBI &commercial bank. Reverse repo is the rediscounting rate at which commercial bank borrows discounted security from central bank ie RBI.
What does it mean when claim is subject to setoff in bankruptcy 7 case?
Example: you, a debtor, owe me $10,000. I owe you $5,000. I can set off my debt to you, meaning that you cannot collect the $5,000 I owe you. Your debt to me is reduced to $5,000. The most common type of setoff involves a bank. Your deposits in a bank constitute the bank's obligation to you. If you owe the bank $100,000, and the bank has $5,000 in deposits from you, it can zap your $5,000, and now you owe the bank $95,000.
What does DIC mean on your bank statement?
DIC on your bank statement typically stands for "Deposit Insurance Corporation." It indicates that your deposits are insured, providing protection for your funds in case the bank fails. This insurance is usually backed by the government, ensuring that your money is safe up to a certain limit. If you see DIC on your statement, it assures you of the security of your deposits.
What does empathedic mean?
accepting
What does in-denial mean?
i think it means to not be accepting of the truth
What does NWD mean in HDFC Bank statement?
NWD in an HDFC Bank statement stands for "Non-Withdrawable Deposit." It refers to funds that are not available for withdrawal, typically associated with fixed deposits or other term accounts where the money is locked in for a specified period. This designation helps customers understand the liquidity status of their deposits.
What does DEP mean on a lloyds tsb bank statement mean?
On a Lloyds TSB bank statement, "DEP" typically stands for "Deposit." It indicates that a deposit has been made into your account. This could be from various sources, such as cash deposits, cheque deposits, or transfers from other accounts. If you have specific transactions in mind, you can usually find more details by reviewing your statement further or checking your online banking.
