Quick Answer: What Does DC Stand For In Bank Statement?

What does Notemachine mean on a bank statement?

Notemachine is usually cash taken out at one of those non-bank located ATM machines..

What is DC Card?

The DC One Card is a consolidated credential designed to give children, adults and seniors access to DC government facilities and programs, including public schools, recreation centers, libraries and the Metro.

What is a debit card settlement?

Authorization hold (also card authorization, preauthorization, or preauth) is a service offered by credit and debit card providers whereby the provider puts a hold of the amount approved by the cardholder, reducing the balance of available funds until the merchant clears the transaction (also called settlement), after …

Is it safe to give bank statement?

Most bank statements these days, are prepared in a manner that makes them safe to email. Financial statements rarely have anything that would jeopardize your personal security or business.

What is an example of a bank statement?

A bank statement is a summary of financial transactions that occurred at a certain institution during a specific time period. For example, a typical bank statement may show your deposits and withdrawals for a certain month. … You may also need to submit a bank statement when you apply for a loan or mortgage.

What is d/c settlement?

Pre Auth – is a debit card authorization that has not yet posted. D/C Settlement – is a debit card authorization that has not yet posted.

What is CC and DC Card?

Thread: difference between DC & CC when you use a debit card, you use your own money so you make a purchase and the money is deducted from your account on the spot. when you use a credit card, you use the bank’s money so you make a purchase and you pay for it in the future.

What do you mean by 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.

How do I get a 3 month bank statement?

Re: How Do i get a 3 months bank statement?Log onto the mobile banking app,On the landing display, tap on the tier that shows your account details and balance,Under “Your documents” click “view”,Choose between a 3 or 6 month bank statement,More items…•

What do the abbreviations on my bank statement mean?

ISA – Individual Savings Account. REM – remittance: a cheque credited to your account that was not paid in at your account-holding branch or bank. REV – reversal: a standing order or Direct Debit has been recalled. STO – standing order.

What does TFR mean on a bank statement?

TransferTFR – Transfer If you see TFR on your bank statement, it means you’ve transferred money between bank accounts.

What is DC payment method?

Sounds like you are looking at account transactions – BP = Bill Payment, CR = Credit, DC = Direct Credit. … I think a direct credit is most often used by businesses to make batches of payments in one transaction.