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Why when you try to to a batch payment to nedbank employees from fnb this does not go through you have to do recipient payments?

When attempting to make a batch payment to Nedbank employees from FNB, the transaction may not go through due to interbank transfer restrictions or the payment processing systems not being compatible with batch payments for certain banks. Additionally, batch payments often require specific formats or approvals that may not be supported for interbank transactions. As a result, conducting recipient payments individually ensures that each transaction is processed correctly and adheres to the necessary protocols.


What does cl payment mean on a bank statement?

"CL payment" on a bank statement typically refers to a "credit line payment." This indicates a payment made towards a line of credit, such as a credit card or personal loan. It shows that you have made a payment to reduce your outstanding balance or credit utilization. If you have further questions about specific transactions, it's always best to contact your bank for clarification.


What is the difference between a purchase and a payment on a credit card statement?

A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.


What does credit cards processing mean?

Credit card processing describes the payment and acceptance of a credit card for payment of goods and services. The merchant usually sends the credit card number to the issuing company through an electronic terminal. The issuing company then sends a code back instantly either allowing payment to be received or declining payment.


What is the difference between a credit memorandum and a debit memorandum?

A Debit Memo is a over payment A Credit Memo is a over payment

Related Questions

Is the live chat adult site livejasmin safe for payment through debit or credit card?

Yes it is safe to use credit or debit cards on the LiveJasmin site. LiveJasmin is a very secure website


When is your credit card information safe?

when you don't share your credit card with anyone and if you are asking in context of on-line credit card processing then check security system of website whether it is PCI-DSS certified. And if payment page goes to a payment gateway then check if that payment gateway is PCI-DSS certified .Suppose you are booking a movie ticket online via Bookmyshow and you pay by credit card then this website redirects you to Emvantage payment gateway which is security certified. So by this way you can safe your card information.


What is the most frequent method of making a payment over the internet?

"Their are many ways to make a payment electronically. They have the safe and easy way with a website called paypal, which keep your credit and debit cards safe and secure. Which is the easiest method to choose from."


Is it safe to give a landlord your bank account information?

It is generally safe to give a landlord your bank account information. They are usually responsible and need it for credit checks or guarantees of payment.


Is it safe to use debit card for online payment to adult friend finder?

You cannot! They accept only credit cards.


What does FPC on a Lloyds bank statement mean?

Faster payment credit Faster payment credit


What is the meaning of LC payment?

Letter of Credit payment


How can I pay my credit card online?

To pay your credit card online, log in to your credit card account on the issuer's website, navigate to the payment section, enter your payment information, and submit the payment.


Do you accept credit cards online as a form of payment?

Yes, we accept credit cards as a form of online payment.


What are the accepted payment methods for this purchase, including the option to use a CC for credit card transactions?

The accepted payment methods for this purchase include credit card transactions, where you can use a credit card to make the payment.


How can I pay my credit card bill online?

To pay your credit card bill online, log in to your credit card account on the issuer's website, navigate to the payment section, enter your payment information, and submit the payment.


Difference between cash credit and overdraft?

Cash is money. Credit is a delayed form of payment. Overdraft is based on credit and is also a delayed form of payment.