What does Cor stand for on a bank statement?

What does Cor stand for on a bank statement?

Correction Correction regarding a transaction error

Abbreviations on bank, credit card or utility statements
ABBREVIATION WHAT IT STANDS FOR DESCRIPTION
COR Correction Correction regarding a transaction error.
CRE Credit payment Credit added to your account.
CSH Cash Cash paid into your account.

What does Cor mean on a Halifax bank statement?

Payment type Correction
Payment Codes

Payment code Payment type
Payment code COR Payment type Correction
Payment code CPT Payment type Cashpoint
Payment code CSH Payment type Cash
Payment code CSQ Payment type Cash/Cheque

What does DPC mean on a bank statement?

Direct Banking by PC
Do you have a list of statement abbreviations?

Statement abbreviation Meaning
D/D Direct Debit
DIV Dividend
DPC Direct Banking by PC (payment or transfer made using digital banking)
DR Account Overdrawn or Debit Item

What does a bank statement show include on it?

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 do the abbreviations on my bank statement mean?

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)

What does SDR mean on a bank statement?

What Are Special Drawing Rights (SDR)? Special drawing rights (SDR) refer to an international type of monetary reserve currency created by the International Monetary Fund (IMF) in 1969 that operates as a supplement to the existing money reserves of member countries.

What is F flow on my bank statement?

F/FLOW. Receipt of money via CHAPS. FPI. Faster Payments Inwards.

How do I find out what charges are on my bank statement?

How Do I Find Out What a Charge Is on My Bank Statement?

  1. Contact the bank.
  2. Contact the vendor who charged.
  3. Check your receipts or account documentation.

What does advised mean on a bank statement?

It means that you are expected to have received a separate piece of communication (“advice”) which confirms who the payment came from. This is common with CHAPS payments and overseas transactions.

What does FT mean on a bank statement?

Funds Transfer
A Funds Transfer (FT) contract is a transaction whereby funds are moved from the account of one party (called the remitter) to another party (called the beneficiary).

What are some examples of fees that can be seen on a bank statement?

Common checking account fees

  • Monthly service fee.
  • Overdraft fee.
  • Non-sufficient funds (NSF) fee.
  • ATM fee.
  • Paper statement fee.
  • Foreign transaction fee.
  • Account closure fee.

    How often should you check your bank statement?

    Some account holders check their accounts throughout the day, and others have never looked at a bank statement. Account holders should aim to review their purchases once or twice a week, but they should never wait more than a month to check their accounts.

    What mean by debit advice?

    Functional Definition A Debit Advice is used to advise a customer/account holder of a withdrawal from his/her account with a financial institution. A Debit Advice accordingly informs the customer about debit transactions towards an account, including details on dates, amounts, charges, etc.

    What is a transaction advice?

    The Transaction Advice Service is a server-to-server message system which can be sent for any transaction type. This can be used to allow your systems to be informed of events such as refunds or voids being processed. Each message is sent in the form of a HTTP POST to a pre-configured URL.

    How does OnlyFans appear on bank statement?

    All your charges will show up on your bank statement as “OnlyFans.” You also have the option of adding money to your “wallet” on the site, meaning you can preload money. You’ll only be charged once for the money you add, but that will still show up as “OnlyFans” on your bank statement.

    Can I get my money back if someone used my debit card?

    Timeline for Being Able to Get Your Money Back $0 if you report the loss or fraud immediately and the card has not been used, Up to $50 if you notify your bank within 48 hours of your lost or stolen card, All of the fraudulent charges if you don’t notify the bank until after 60 days.

    Can someone use my debit card with just the number?

    The PIN Number Without your personal identification number, or PIN, debit card transactions shouldn’t receive approval. Criminals can obtain the PIN when hacking into a merchant’s site. Once they get your information, they can create phony cards and use them at ATMs.