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July 14th, 2016, 09:56 AM
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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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