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Jun 29, 2020 · Here are what transaction codes from TD bank and Direct Investing mean. Often it is taxes or fees associated with an account activity.
Wondering what the 3-letter transaction codes on your ATM and account statements mean? Find out here!
Jun 6, 2024 · A complete guide to common bank statement abbreviations. Learn what codes like OD, POS, and ACH stand for when reconciling your account activity and categorizing transactions.
- What Do Bank Codes Look Like in The UK?
- What Are Iban Codes?
- What Are BIC Codes?
- What Is A Clearing Code?
UK banks use a 6 digit sort-code to identify the different institutions - for example the code for TSB in Bradford is 77-71-13 and Taunton’s branch of HSBC is 40-44-04. The first two digits identify the bank (TSB is 77, HSBC is 40), and the rest of the number identifies the branch. They were introduced in the 1960s as the banking industry started a...
IBAN stands for International Bank Account Number and is the number that identifies any bank account in the EU, as well as Norway, Switzerland and Liechtenstein. It is used to make sure international payments are sent straight to the correct bank account. Before IBAN, the different account number formats and bank information codes made internationa...
Until recently, BIC stood for Bank Identifier Code, but that has now changed to Business Identifier Code. BIC codes are managed by SWIFT - for more information on that, take a look at our article about the SWIFT network. BIC codes are used to identify specific businesses - most commonly banks. In the UK, the first four characters of a BIC code form...
A National Clearing Code (NCC) is needed for making a payment to an account that doesn’t have an IBAN. They are also known as Routing Codes. If you have a SWIFT/BIC or IBAN code then you don’t need an NCC. These days they are mostly used for payments outside the EU. For more information on non-EU banking codes, check out our article about IFSC, BSB...
Aug 31, 2022 · On July 7, 2022, the Court granted an Approval and Vesting Order (“AVO”) in the CCAA Proceedings, providing among other things that the Monitor could effect a transaction (the “Transaction”) in which Bellatrix would be restructured, emerge from the CCAA proceedings and be replaced with 2350810 Alberta Ltd. (“Newco”) as the CCAA ...
Transaction Code Short Description Debit/Credit Full Description; 1: CHQ: Debit: CHEQUE: 2: WD: Debit: WITHDRAWAL: 3: DM: Debit: DEBIT MEMO: 4: QHQ: Debit: CLEARING ...
Bank statement transaction codes are the internal codes that are used on a bank statement line to identify the type of transaction being reported.
