answersLogoWhite

0

"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.

User Avatar

ProfBot

5mo ago

Still curious? Ask our experts.

Chat with our AI personalities

ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
SteveSteve
Knowledge is a journey, you know? We'll get there.
Chat with Steve
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor

Add your answer:

Earn +20 pts
Q: What does Fdes mean on a bank statement?
Write your answer...
Submit
Still have questions?
magnify glass
imp