answersLogoWhite

0

An example of a transaction on your statement that shows payment from your employer would be a direct deposit labeled as "Paycheck" or "Salary" with your employer's name listed as the source of the funds.

User Avatar

AnswerBot

6mo ago

What else can I help you with?

Continue Learning about Finance

What does fpo stand for on a Halifax bank statement?

On a Halifax bank statement, "FPO" stands for "For Payment Order." It typically indicates a transaction or payment that has been processed or is in the process of being completed. This term can appear next to specific entries to clarify the nature of the transaction.


What does TPT mean in HDFC bank statement?

In an HDFC bank statement, "TPT" typically stands for "Transfer Payment Transaction." It indicates a transaction where funds were transferred, either to another account or as a payment for services or goods. This designation helps account holders quickly identify and categorize their financial activities related to transfers.


What is Wells Fargo ILI ILIPYMT on my bank statement?

"Wells Fargo ILI ILIPYMT" on your bank statement typically refers to an electronic payment or transaction made through Wells Fargo's system. It often indicates a payment made for bills or services, possibly related to an automatic payment setup. If you are unsure about a specific transaction, it's best to contact Wells Fargo directly for clarification.


Why is my credit card transaction not showing up on my statement?

There could be a few reasons why your credit card transaction is not showing up on your statement. It may be pending and hasn't been processed yet, there could be a delay in the processing of the transaction, or there may be an issue with the merchant or the payment system. It's best to contact your credit card company to inquire about the status of the transaction.


What does FPO on a bank statement mean?

FPO on a bank statement stands for "For Payment Only." It indicates that the amount listed is intended for a specific payment, often associated with checks or electronic transfers. This designation helps to clarify the purpose of the transaction and ensures proper processing by the bank.

Related Questions

What is the abbreviation of DES PAYMENT ON BANK STATEMENT?

The abbreviation "DES" on a bank statement typically stands for "Description." It is used to provide a brief description of the transaction or payment that was made. In this context, "DES PAYMENT" would indicate that the transaction was a payment of some sort.


What does fpo stand for on a Halifax bank statement?

On a Halifax bank statement, "FPO" stands for "For Payment Order." It typically indicates a transaction or payment that has been processed or is in the process of being completed. This term can appear next to specific entries to clarify the nature of the transaction.


What is Pa on bank statement?

"Pa" on a bank statement typically refers to a payment or transaction that has been processed. It may stand for "Payment Authorization" or indicate a specific type of transaction, such as a recurring payment. To understand its exact meaning, it's best to refer to the bank's glossary or contact customer service for clarification.


What does Pscs stand for on bank statement?

On a bank statement, "PSCS" typically stands for "Payment Services Clearing System." It refers to a type of transaction related to electronic payments or transfers that are processed through a clearing system. If you see this abbreviation, it usually indicates a transaction involving electronic funds transfer or payment processing.


What does TPT mean in HDFC bank statement?

In an HDFC bank statement, "TPT" typically stands for "Transfer Payment Transaction." It indicates a transaction where funds were transferred, either to another account or as a payment for services or goods. This designation helps account holders quickly identify and categorize their financial activities related to transfers.


What is Wells Fargo ILI ILIPYMT on my bank statement?

"Wells Fargo ILI ILIPYMT" on your bank statement typically refers to an electronic payment or transaction made through Wells Fargo's system. It often indicates a payment made for bills or services, possibly related to an automatic payment setup. If you are unsure about a specific transaction, it's best to contact Wells Fargo directly for clarification.


What are example of transaction -processing system?

Payment gateways are used for transaction processing system. Examples are PayU, Emvantage, CCAvenue, PayPal, Ebs etc.


Why is my credit card transaction not showing up on my statement?

There could be a few reasons why your credit card transaction is not showing up on your statement. It may be pending and hasn't been processed yet, there could be a delay in the processing of the transaction, or there may be an issue with the merchant or the payment system. It's best to contact your credit card company to inquire about the status of the transaction.


What does PST on a bank statement mean?

PST on a bank statement typically stands for "Pacific Standard Time," indicating the time zone in which transactions are recorded. It may also refer to "Payment Service Transaction," which denotes a specific type of transaction associated with payment services. Understanding the context in which PST appears on your statement is essential for accurate interpretation. Always check with your bank for specific definitions related to their statements.


What is a Cg on bank statement?

A "Cg" on a bank statement typically stands for "Charge." It indicates a transaction where a fee or payment has been deducted from the account. This could include various types of charges, such as service fees, transaction fees, or payments made using a debit card. Always check the details of the transaction for clarification on the specific charge.


What does CO ID mean on a bank statement?

"CO ID" on a bank statement typically refers to a "Company Identification" number associated with a merchant or transaction. It helps identify the specific company or entity involved in a transaction for tracking and record-keeping purposes. If you see this on your statement, it may indicate a purchase or payment made to a particular business. If you're unsure about a transaction, it's advisable to contact your bank for clarification.


What does FPO on a bank statement mean?

FPO on a bank statement stands for "For Payment Only." It indicates that the amount listed is intended for a specific payment, often associated with checks or electronic transfers. This designation helps to clarify the purpose of the transaction and ensures proper processing by the bank.