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"Fdes" on a bank statement typically stands for "funds delayed." This notation indicates that a deposit made into the account is being held for a certain period before it is made available for withdrawal. This delay could be due to various reasons, such as the bank's internal processing time, potential fraud concerns, or regulatory requirements. It is advisable to contact your bank for specific details regarding the reason for the funds being delayed.

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ProfBot

2w ago
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Q: What does Fdes mean on a bank statement?
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