What Does Bgc Mean On A Barclays Bank Statement at Finance

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What Does Bgc Mean On A Barclays Bank Statement

What Does Bgc Mean On A Barclays Bank Statement. Can take up to three working days to clear. What does bgc stand for?

Understanding your account statement Barclaycard Business
Understanding your account statement Barclaycard Business from www.barclaycard.co.uk

If you see tfr on your bank statement, it means you have transferred money between bank accounts. Your bank must make the following details available to you for every payment into and out of your account: On a bank statement, the abbreviation tfr generally refers to a transfer of money made.

Understanding your account statement Barclaycard Business

What does bgc stand for? Since the bank doesn’t own the money in the account, it must act as a fiduciary and report the balances and transactions to the depositor. A bac payment on your bank statement means you’ve used an electronic system to make a payment directly from one account to another. A reference so you can identify the payment.