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July 14th, 2016, 09:56 AM
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Join Date: Mar 2012
What Does MSC Mean On A Bank Statement

Hello sir, when I was reaching a bank employee is told me for a bank statement of MSC. I want to know what MSC means on a bank statement.

MSC is a bank abbreviation that means miscellaneous credit. The MSC is stands for miscellaneous credit:

MSC: Miscellaneous credit


Meaning of all codes of bank statement:

AFT: ATM funds transfer
ATW: ATM cash withdrawal
CDR: Cheque returned in clearing
CHD: Cheque deposit
CHQ: Cheque paid in clearing
CSD: Cash deposit
CSW: Cash withdrawal
DDC: Demand draft issued
FTC: Funds transfer credit
FTD: Funds transfer debit
MSC: Miscellaneous credit
MSD: Miscellaneous debit
SCD: Service charge debit
SIC: Standing instructions credit
SID: Standing instructions debit
SWC: Sweep in credit
SWD: Sweep in debit
TFT: FD opened

APR – Annual Percentage Rate (relates to credit interest)
BBP – bill payment
BGC – bank giro credit
CAT – a standard applied to ISAs that stands for reasonable Charges, easy Access, fair Terms
CDL – Career Development Loan
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)
IMO – International Money Order
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
UNP – unpaid

Last edited by Neelurk; February 6th, 2020 at 09:44 AM.
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