EWD in a bank statement typically stands for "Electronic Withdrawal Deposit." It indicates a transaction where funds have been electronically withdrawn from your account, often related to direct debit payments or other automated withdrawals. This notation helps account holders track their electronic transactions easily. Always check with your bank for specific definitions, as acronyms can vary between institutions.
is the meaning of atw in hdfc bank statement
cash withdrawal
Bank Service Charge
REV - reversal: a standing order or Direct Debit has been recalled
On a bank statement, "sb" typically stands for "savings bank" or "savings balance." It indicates transactions or balances related to a savings account. However, the exact meaning can vary by bank, so it's best to refer to your bank's specific glossary or customer service for clarification.
is the meaning of atw in hdfc bank statement
cash withdrawal
Bank Service Charge
ewd
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.
Ewd.
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.
ewd
Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.