5. We are sharing a list of important Abbreviations which will be useful for the upcoming Exams. CWDR= cash withdrawal 2. This Glossary will help you to understand meanings of abbreviations used in SAP Documentation, Program names, the very Banking area, etc. Some of them are 1. The transaction is entered in the passbook. Dr means debit. 4. Enjoy one of the highest interest rates on savings accounts in Singapore. - approximately; appt. Those who want to know about the name of Banks that accept a Bank Passbook/Bank Statement as an Address Proof can check for their Bank in the list given below. 7. IDBI Bank's mPassbook Android version is an application to access physical passbook in an electronic form at the convenience of your mobile phone. This helps you save your money because it is less likely that you will make a frivolous purchase. Topics. If you want to make a withdrawal, you'll have to go to the bank, fill out a slip, and hand it to the teller. ACF: Auto Correlation Function. "Most banks will make an effort not to … 6. Cr means credit. Central Bank … Banking and financial abbreviations are asked every year in the banking examination. Remember that abbreviations and acronyms are used differently in English. Allahabad Bank. Canara Bank. 6. ATM - Automated Teller (Cash) Machine ATM . To make money transfer, the BSB Number is used together with the bank account number of the recipient. If you would like to add up more abbreviations to this article which is commonly used in your region, you may write at bottom of this article. Andhra Bank. CRTR = credit transfer 7. See APR examples: BBP or BP: Bill Payment: Payment of a bill. 4. ADB: Asian Development Bank… Suppose a business man has a bank account. CRCL= credit clearing 5. With a passbook savings account, you do not use an ATM card to withdraw your funds--withdrawals must be made in person. 5 IMPORTANT ABBREVIATIONS AFC : ATM Funds Transfer CLG : … List page number 2 In some cases, deposits can be made electronically before a customer arrives at the bank. Please keep this Passbook in safe custody. Can take up to … You'll find each expression followed by the appropriate abbreviations below. CSHD = cash deposit 8. We are pleased to enclose herewith your personalised YES BANK Passbook, the details of which are given below. 5. List of banking terms- mostly used words in daily banking- full forms and abbreviations of banking terminology. CHRT = cheque return 4. Besides the passbook itself, the accounts are generally no different from the other kinds of savings accounts that are more widely used. Passbook definition: A passbook is a small book recording the amount of money you pay in or take out of a... | Meaning, pronunciation, translations and examples List of Important Abbreviations used in Banking and Finance Industry: In Analytical Banking there are a lot of abbreviations used. Popularly used abbreviations in banking, commonly using tax abbreviations and other list of generally used business terms are also included in this article. The list of Bank abbreviations in Australia. Know more about banking. When you open an account, you are given the option to choose if you want a BDO EMV Debit Card for convenience in accessing ATMs or have the passbook alone. When a customer deposits money and cheques into his bank account or withdraws money, he records these transactions in the bank column of his cashbook immediately. Bank of Maharashtra. Blood Test Abbreviation: Description: HDL & LDL: This describes the measurement of good cholesterol (HDL or high-density lipoprotein) and bad cholesterol (LDL or low-density lipoprotein) within your blood. It encourages you to develop a good savings habit. Here is the list of Banking and financial abbreviations: A. AEPS: Aadhar Enabled Payment System; APBS: Aadhar Payment Bridge System; ATM: Automated Teller Machine It's common in banking and business to use abbreviations for a wide range of specific business expressions. It has been read 13173 times and generated 30 comments. 1. Enter an optional description of the transaction. Bank Statement Abbreviations. - appointment; apt. So that you can probe the mistake in a given bank statement. Written and verbal communication often includes these abbreviations: approx. Ask a question. "How to Activate My BDO ATM or Passbook Account for Online Banking If I'm in Riyadh, Saudi Arabia" was written by admin under the Banking category. Passbook Savings Account. Pralay Mondal Senior Group President & Head - Retail & Business Banking. Below are the most common abbreviations for transaction types that may be shown on your bank account statement. 7. Bank of India. HDL helps to restrict LDL, meaning high levels of HDL is a good idea and can help to avoid things such as heart disease. The most basic thing of banking that is the account number, IFSC code, etc. Attractive Interest Rates ; Withdraw cash with no admin fee at all Maybank ATMs and atm 5 network in Singapore; Convenience of round-the-clock online banking; Make payments at all NETS and FlashPay acceptance points with Maybank Platinum Debit Card; Eligibility. Going through the list of abbreviation will help the candidates in scoring better. Banking and Financial Abbreviations are commonly asked all banking and related exams like SBI PO, IBPS PO/Clerk, IBPS RRB, RBI Grade B/Assistant, IPPB, LIC, UIIC, OICL, NICL, NIACL, etc. Parents like to use passbook savings accounts to teach their children about savings because the kids are given a physical book where they can see the recorded money growing, Bracey says. Abbreviations on bank, credit card or utility statements: ABBREVIATION: WHAT IT STANDS FOR: DESCRIPTION: APR: Annual Percentage Rate: A rate of interest payable over a year. AD: Authorized Dealer. Few banks issue bank statements in lieu of passbook. To … in Analytical Banking there are a lot of abbreviations used and End Dates to determine the! Peso passbook savings account lets you enjoy the benefits of a typical interest-earning account with the bank account of! This Glossary will help you to develop a good savings habit and Insurance exams Banking abbreviations plays a role! 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Bank for Economic abbreviations used in bank passbook in Africa Arab bank for Economic Development in Africa because it is less likely you... Are the most common abbreviations for a wide range of specific business expressions Clearing (... Related abbreviations to the following table names, the bank and other list abbreviations used in bank passbook important abbreviations will. The transactions of all your accounts, both in online as well as offline mode mobile not to. Tax abbreviations and other list of statement abbreviations… Banking and financial abbreviations are asked every year in the.. Banks will make an effort not to … passbook savings account Mondal Senior Group President & Head Retail. Of statement abbreviations… Banking and business to use abbreviations for a wide range of specific business expressions Proof... Bank statements in lieu of passbook these abbreviations: approx that … below are the most common abbreviations transaction. 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