It could mean:
Internal Transfer of Funds
In Trust For
Interim Trust Fund
International Trust Fund
If the bank account is a ITF ("in trust for") or FBO ("for benefit of") type of trust account, then the beneficiary will gain immediate control of the account upon your death without going to court, though possibly subject to estate tax.
what does itf mean on a bank account
is the meaning of atw in hdfc bank statement
cash withdrawal
Bank Service Charge
No the person can not transact on the account.
what does itf mean on a bank account
is the meaning of atw in hdfc bank statement
cash withdrawal
Bank Service Charge
No the person can not transact on the account.
NWD is and ATM card withdrawal from other bank.
REV - reversal: a standing order or Direct Debit has been recalled
DCP is an abbreviation for District Credit Plan/s.
The answer will appear on the statement in re, meaning that it is a negative or credit value.
BGC on a bank statement typically stands for "Bank Guaranteed Check." It indicates that the funds associated with a check have been guaranteed by the bank, ensuring that the check will clear. This term can also refer to "Bureau of Government Contracting" in some contexts, but in relation to bank statements, it most often pertains to guaranteed checks. Always check with your bank for the specific meaning in your context.
Bank Reconciliation Statement
Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.