BCC – Barclays Connect Card. BGC – Bank Giro Credit. CHQ – Cheque.
CHAPS – Clearing House Automated Payment System (a means of transferring money) CRE – Credit payment. DDR – Direct Debit. DR – debit balance (overdrawn) IBAN – International Bank Account Number (you can find this on your statement)
Subsequently, question is, what does pp mean on a bank statement? Bank Deposit to PP Account (Obselete) They are all deposits, and some are large.
Also to know, what does BGC mean on a bank statement?
bank giro credit
How do you read a bank statement?
How to read your statement
- Bank name and address. This is the name and address of the financial institution.
- Statement date. This is the period of time covered by this statement.
- Account number. This number identifies the account covered by this statement.
- Account balance.
- Deposits section.
- Description of deposits.
- Checks section.
What does CR stand for?
In accounting, cr. is the abbreviation for credit. In accounting and in bookkeeping, credit or cr. indicates an entry on the right side of a general ledger account. Credit entries will increase the credit balances that are typical for liability, revenues, and stockholders’ equity accounts.
What is credit and debit?
A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
What are bank transaction codes?
A transaction code represents a type of payment or bank transaction. You must define a transaction code for each type of payment you plan to use, such as manual checks, system checks, electronic files, and bills of exchange. You will use cash payment transaction codes in the Accounts Payable application.
What does TST mean?
TST Acronym Definition TST Tuberculin Skin Test TST Time Sensitive Targeting TST Taiwan Supercritical Technology TST Tractus Spinothalamicus
Why debit is called DR?
One theory states that the DR and CR come from the Latin past participles of debitum and creditum which are “debere” and “credere”, respectively. Another theory is that DR stands for “debit record” and CR stands for “credit record”. Some even believe the DR notation is short for “debtor” and CR is short for “creditor”.
What is on a bank statement?
A bank statement is a list of all transactions for a bank account over a set period, usually monthly. The statement includes deposits, charges, withdrawals, as well as the beginning and ending balance for the period.
What is SumUp on my bank statement?
As soon as a payout is processed into your bank account, you will receive an email that contains a full breakdown of all transactions included in the payout. Payouts will be marked as SumUp payments on your bank statements. Additionally, you will receive a monthly report with an invoice of your SumUp transaction fees.
How does a bank giro work?
A bank giro credit is basically a paper slip addressed to a bank branch instructing it to credit a specified sum of money to a named account at that branch. Bank giro credits can also be found in the back of chequebooks and are used by customers to pay cash or cheques into their own bank accounts.
What is BGC stand for?
Bad Girls Club (TV show) BGC. Billy Graham Center. BGC. Boys & Girls Club.
What does FT mean?
As for abbreviations, ft/FT can mean foot/Foot or feet/Feet as well as, “The Financial Times”, which is a British newspaper.
How do I download my bank statement Santander?
Click on the specific account. Click the Statements & Documants link from the left-hand menu. Statements page will display. Click Go next to the statement you wish to print, your statement will open in a separate window.
What is a credit adjustment on my bank statement?
Adjustment credit is a short-term loan, which a Federal Reserve Bank extends to a smaller commercial bank when the commercial bank needs to maintain its reserve requirements and support short-term lending. These advances are a ubiquitous form of borrowing between commercial banks and a Federal Reserve Bank.
What is the full form of BGC?
What is the full form of BGC ? BGC – Biogeochemical Cycling. BGC – Business Geographics Conference. BGC – Blood Group Class.
What mean in debit?
A debit may be an account entry representing money you owe a lender or money that has been taken from your account. For example, your bank debits your checking account for the amount of a check you’ve written, and your broker debits your investment account for the cost of a security you’ve purchased.