Transaction codes
| Code | Transaction Type |
|---|---|
| SC | Service Charge |
| SO | Standing Order |
| ST | Merchant Deposit |
| TF | Transfer of Funds |
What does SC mean in passbook?
SC means short credit. This is for the cheques you are depositing and get credited after collection. DDP means your cheques are purchased and credited to your a/c immediately without sending the same for collection{ later the banks will send it for collection} and get credited to bank’s account.
What does C r mean on bank statement?
The terms debit (DR) and credit (CR) have Latin roots: debit comes from the word debitum, meaning “what is due,” and credit comes from creditum, meaning “something entrusted to another or a loan.” An increase in liabilities or shareholders’ equity is a credit to the account, notated as “CR.”
What is SC mean in social media?
First Definition of SC “Snapchat” is the most common definition for SC on Snapchat, WhatsApp, Facebook, Twitter, and Instagram, as well as on dating sites such as Tinder. SC. Definition: Snapchat.
What is DM in BDO passbook?
A debit memo on a company’s bank statement refers to a deduction by the bank from the company’s bank account. In other words, a bank debit memo reduces the bank account balance similar to a check drawn on the bank account.
What does the abbreviation SC stand for in business?
What does SC mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: SC. Regional » States — and more… Governmental » US Government — and more… Regional » Countries — and more… Business » General Business — and more… Medical » Oncology — and more…
What does it mean when a bank statement is issued?
A bank issues a bank statement to an account holder that shows the detailed activity in the account. It allows the account holder to see all the transactions processed on their account.
What does a standing order on a bank statement mean?
A standing order or direct debit that has been returned. Salary paid into your account. Regular payment of a fixed amount from your account to another account or a third party. A transaction processed by a bank branch on your behalf. A transaction carried out using telephone banking. Transfer of money between accounts.
Why is there a charge on my bank statement?
My latest bank statement has a charge from “Google *PlayStore GOOGLE.COM – CH/CA”. What is that? A. That’s the format of payments made through Google Payment (formerly Google Checkout).
