Correction
Faster payment credit Faster payment credit
what does LU mean on a statement transaction
on a bank account statement, it means Payable On Death
It is the abbreviation for a debit transaction.
it stands for General Insurance
It mean Deposit.
Correction
1 d butter
COR means correction
What do BGC stand for
Faster payment credit Faster payment credit
counter withdrawal often associated with fraudulent activity.
The abbreviation OP that is seen on bank statements stands for originator plus. The abbreviation OP is typically used to describe a direct debit payment.
cpt stands for cashpoint. It means you have withdrawn some money from a cash point. Hope this will help. Dan
bgc
Tomc is not a common abbreviation on a bank statement. You can contact your local bank for a list of terms related to bank statements. Examples of commonly found abbreviations on a bank statement are TRF, DR, and CHG. TFR stands for transfer, DR is a debit, and CHG is a charge or fee from your bank.