Cs- cash
TF- self-service transfer
interest tax
Information technology-benefit transfer
TC- external transfer
develop
1、BMACH
BMACH stands for ATM transaction. This term is interesting because BMACH itself is just a widely used ATM brand, but now it has become synonymous with ATM. In addition to BMACH, CDM (cash deposit machine) on the bill also represents cash withdrawal/deposit through ATM.
2、TFR
TFR refers to bank transfer, which can be transfer in or out, transfer between one's own bank accounts, or transfer with other individuals or companies.
3. Front populaire ivoirien /FPO
FPI/FPO is the abbreviation of fast payments inbound/outbound, the former is transfer-in and the latter is transfer-out. Like TFR, it stands for bank transfer, but FPI/FPO is a fast payment transfer, which usually arrives immediately on the same day and can be used seven days a week. What is the usual amount of each transaction? 250 thousand, but it also depends on the bank limit. This transfer mode is suitable for daily activities, but not for large transfers.
4. Sales order
Bill payment, S/O stands for standing order, which is to pay the same amount of money regularly on a specific date. Usually common in:
Transfer money between your own accounts.
Send money to friends or family regularly.
pay the rent
Donate money to charity regularly.
5, D/D or DDR
Automatic transfer, D/D stands for direct debit, is a simple and convenient automatic payment method. According to statistics, about three-quarters of household bills are paid by direct debit. Different from standing orders, direct debit is more flexible and provides more freedom for the payee. After the automatic transfer is authorized, the payee can automatically collect money from the user (provided that the contract is observed), and the payment amount can be changed. Direct debit is usually used for various household bills, services, insurance and monthly loans. You only need to fill in the customer's bank account information, so please be sure to protect your bank information. The bank will send a letter to inform the user of the establishment and change of direct deduction, so updating the bank address and paying attention to the corresponding relationship can prevent the bank information from being stolen. Direct debit is considered as the safest payment method. Here are three rules about automatic transfer guarantee: direct debit guarantee and automatic transfer guarantee.
notify in advance
The payee must inform you in advance of any change in the payment amount, date or frequency. You can agree with the merchant on a certain notice period, otherwise it will be 10 working days. If you don't receive the correct payment notice, then you will have the right to ask for a refund.
Immediate refund
If the payment is wrong, you can get a full refund from the bank immediately.
Cancel immediately
You can cancel the automatic transfer at any time before the payment is due.
6. CHAPS or CHP
CHAPS is the abbreviation of clearing system, and the abbreviation on the bill stands for electronic transfer of large payment. Traditional banks generally need individual customers to go to the counter, charge 20-30 pounds, and receive the account on the day of transfer, which is often used to pay for the purchase of houses.
7、POS
POS is very common on bills, which is the abbreviation of point of sale. Store credit card transactions are usually shown as POS on the bill.
8、ERTF
Exchange rate transaction fee is short for exchange rate transaction fee. Most British debit cards hesitate to exchange money when using their cards at ATMs or POS machines abroad.
9、ITL
International transfer, international abbreviation, when transferring money from a British account to external account.
10, version
The abbreviation of reversal refers to the situation that a standing order or direct debit payment fails and the funds are recovered.