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.
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.
Entrust Bankcard was created in 2006.
batch deposit
The population of Entrust Bankcard Company is 158.
Entrust Bankcard Company was created in 2006.
US Bankcard Services Inc was created in 1996.
A bankcard is a card which a bank issues which is used by the cardholder in the course of authorization to receive bank services.
its a merchant service withdrawal
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.
"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.
Bankcard company need to carefully manage their budget as do all companies really. Overspending or not earning enough can cause companies to declare bankruptcy. Even famous companies like THQ declared bankruptcy in 2012.