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What does code 4 mean money-gram transaction?
it means they think the receiver is fishy. either a scam artist, illegal or something that makes them refuse the continue the transaction. One guy was put on a code 4 list and money gram told him that it was because he was receiving too many transactions from too many different people from too many different locations.
What does ATM transaction mean?
ATM stands for Automated Teller Machine. One of those machines where you can withdraw money using a keypad, a card, and a PIN code. ATM transaction is Bank Speak for money withdrawn from an ATM/cash machine.
What does it mean if someone is out of pocket?
It means they have no money in their pockets - they lost money in a transaction.
What does code 41 mean with an eftpos transaction?
41 - Means 'Lost Card'
What does it mean when a transaction is debited to your account?
When a transaction is debited to your account, it means that the amount of money has been taken out or deducted from your account.
What is transaction media?
Transaction to do a certain business transactions mean it is a business dealing which involves transfer of money or money's worth from one person to another By - Nalini & raje
What does duality mean in accounting terms?
Every transaction has a dual effect (where the money came from, where the money goes to).
What does CPT mean on a mini statement?
Cash point transaction (money you have withdrawn from the hole in the wall)
What does debit an account mean?
A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.
What does the term 'transaction cost' mean in relation to economics?
The transaction cost means the price you pay for a certain item or service. This is the money that is transferred between customer and service provider.
What does an expression to lose one's pants mean?
To lost all one's money on a bad transaction or business deal
What does earnest money mean in a real estate transaction?
Earnest money in a real estate transaction is a deposit made by the buyer to show their commitment to purchasing the property. It demonstrates the buyer's seriousness and is typically held in escrow until the sale is finalized.
