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On most bank statements for businesses, BTOT refers to the processing fee for a merchant account. In this case, this may be a refund for an overcharge as dep is usually shorthand for deposit.

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What does BANKCARD BTOT ADJ mean?

he BTOT abbreviation stands for “batch total.” It precisely will align with your batch deposits for the day. BTOT comes once a day, but there's no guarantee that you will get your bank deposits from a credit card processor in a BTOT form.


What does btot adj mean on a bank statement?

"BTOT adj" on a bank statement typically stands for "Balance Total Adjustment." It indicates a modification made to your account balance, which could result from various factors such as corrections, fees, or refunds. If you see this entry, it's advisable to review the details to understand the reason for the adjustment.


What does BTOT Dep mean on a bankstatement?

BTOT Dep on a bank statement typically stands for "Balance Transfer Deposit." This notation indicates that a deposit was made as part of a balance transfer from another account or financial institution. It may also refer to funds being transferred into your account from another source. If you're unsure about a specific transaction, it's always a good idea to contact your bank for clarification.


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What does bankcard btot mean?

A bankcard btot typically refers to a type of transaction or account balance related to a bank card. The term "btot" could be shorthand for "balance total." However, the specific meaning may vary based on the context in which it is used, such as in banking software or financial statements. It's important to check with the financial institution for precise definitions in their context.


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