What does dc mean on bank statement
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What is a DC payment?
The Documentary Credit (DC) (Letter of Credit, LC), is commonly used for settling international trade. … By offering the seller a DC* you offer them a security for payment and are thereby better positioned to also negotiate a credit period, i.e. a DC with payment at a future date.
What does DC stand for on a nationwide bank statement?
DC – FlexAccount payment card purchase or credit voucher.
What is DC in account?
A defined-contribution (DC) plan is a retirement plan that’s typically tax-deferred, like a 401(k) or a 403(b), in which employees contribute a fixed amount or a percentage of their paychecks to an account that is intended to fund their retirements.
What is DC on Halifax statement?
Regular payments may be taken from your account in the form of a Direct Debit. You’ll set these up with the business or retailer directly and this is often how you’ll pay things like your energy or phone bill. You can cancel some Direct Debits using Online Banking or our Mobile Banking app.
What does DC settlement mean?
In any event, the DC settlement is referring to the settlement between the hold amount and the actual merchant amount — or the transaction cancellation, if you do that.
What is DC INT purchase?
It means charges for using your Debit card in ternational locations or international sites . Banks levy this charge ( 3.5% of transaction amount) along with service tax .
What is CC and DC in banking?
Sometimes it’s automatically selected as DC if you enter a PIN (password), and CC if no PIN. (This can be of concern if you get cash-back: is that a cash advance, or just cash from your account?) Also, there are other concerns such as “overdraft protection”.
What does Cor mean on a Halifax bank statement?
Payment type Correction
Payment Codes
| Payment code | Payment type |
|---|---|
| Payment code COR | Payment type Correction |
| Payment code CPT | Payment type Cashpoint |
| Payment code CSH | Payment type Cash |
| Payment code CSQ | Payment type Cash/Cheque |
What is BGC in banking?
BGC – bank giro credit. CAT – a standard applied to ISAs that stands for reasonable Charges, easy Access, fair Terms.
What is RA in accounting?
The RA financial meaning is “revenue account“, an account where a company’s revenue is held.
What is CC in bank?
A Cash Credit (CC) is a short-term source of financing for a company. In other words, a cash credit is a short-term loan. … It enables a company to withdraw money from a bank account without keeping a credit balance. The account is limited to only borrowing up to the borrowing limit.
How do I open a CC account?
The applicant must submit the following list of documents to avail a cash credit loan:
- Financial statements certified by a CA.
- Bank account statement for at least 6 months.
- IT returns for at least a year.
- Loan repayment record (if applicable)
- Proof of collateral.
- Other relevant documents requested by the bank.
What is RA stand for?
| Acronym | Definition |
|---|---|
| RA | Right Ascension (astronomy) |
| RA | Risk Analysis |
| RA | Red Alert |
| RA | Rheumatoid Arthritis |
What is RA in business?
A registered agent, or RA, is a person or company that is designated by an LLC or corporation (including C corporations required by the Rollover for Business Start-ups arrangement) to accept official documents on behalf of the small business.
What does RA stand for in work?
resident assistant
Becoming a resident assistant, also known as resident adviser or RA, while in college is a great way to build personal and professional skills and save money, too.
What does RA stand for government?
From Wikipedia, the free encyclopedia. Resident Assistant. Occupation. Names. House Fellow, Resident Assistant, Resident Advisor, RA, Resident Mentor, Senior Resident, Residence Don.
What is RA in document?
A registration authority (RA) is an authority in a network that verifies user requests for a digital certificate and tells the certificate authority (CA) to issue it. … The digital certificate contains a public key that is used to encrypt and decrypt messages and digital signatures.
What does RA after a name mean?
RA always means ‘(member of) Royal Academy‘. If ever you see an abbreviation beginning with, or including, ‘R’ after the name of a British person, it usually means ‘Royal something-or-other’.
What country does RA stand for?
Refers to Argentina and to the 1949 Road Traffic Convention.
What is RA and CA?
Explanation. A Registration Authority (RA) is an authority in a network that verifies user requests for a digital certificate and tells the Certificate Authority (CA) to issue it.
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