Statement References

Your statements explained Statement References
What’s displayed? What it stands for? What it means?
ATM Automated Teller (Cash) Machine A cash dispenser or cash machine transaction
BAC Bankers Automated Clearing Services Bankers Automated Clearing Services is an automated credit mechanism
for electronic processing of financial transactions e.g. direct debits
BGC Bank Giro Credit Deposit cash or cheque over the branch counter with your pay in book
BSP Branch Single Payment Bill or third party payment made within branch
CDM Cash & Deposit Machine Cash & Deposit Machines are advanced ATMs which can be used to process pay-ins,
bill payments and withdrawals, as well as cash withdrawals.
CHG Charge Fees debited against your account
CHP Payments by CHAPS transfer Electronic transfer for large payments between accouts sent and received on
the same day i.e mortgage settlement
CHQ Cheque A document that orders the payment of money from a bank account
to another person or organisation
CUI Centralised Unpaid In (Unpaid Cheque) Transaction on your account which relates to an unpaid cheque
CWP Cold Weather Payment Deposit into your account by the Government to cover cold weather payments
D/D Direct Debit A regular payment of a variable amount from your account to a third party or company
DIV Dividend An electronic credit to your account from shares held by you
DR Account Overdrawn or Debit Item An indicator on your statement to show that your balance is less than zero
DWP Department for Work and Pensions Deposit into your account by the Department for Work and Pensions
ERTF Exchange Rate Transaction Fee Debit related to the use of your debit card at an ATM or POS outside
the United Kingdom
IBP Inter-Branch Payment Transfer of money between accounts at different branches
INT Interest Credit or debit on your account associated to interest earned or incurred on your balance
ITL International Transfer of money from your account to an account outside the United Kingdom
NDC Non Dividend Counterfoil A credit to your account from shares held by you
OTR Online Banking Transaction Transaction carried out by using Online Banking
POC Post Office Counters Transaction carried out over a Post Office counter
POS Point of Sale/Debit Card Transaction A purchase made with your debit card e.g. within a retailer or online
S/O Standing Order A regular payment of a fixed amount from your account to
another account, a third party or company
SBT Screen Based Transaction A transaction processed by the branch on your behalf
STF Standard Transfer A standard international transfer sent to a foreign account
TEL Telephone Banking A transaction carried out using telephone banking
TFR Transfer Transfer of money between accounts
TLR Teller Transaction A transaction carried out using branch banking
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