Account xfr from sol means. And I’m left scratching … Nov 19, 2024 · Understanding Common Bank Statement Abbreviations If you have a checking or savings account, your bank almost certainly sends you a bank statement on a regular basis. Such transaction/ entry will carry a narration as Ac xfr from gl 05051 to 05066. Feb 3, 2025 · First, it helps you clearly understand all the transactions on your account and do proper bank statement analysis or bank statement audits. Furthermore, knowledge of common abbreviations and codes makes the task of categorizing bank transactions during bank statement reconciliation much simpler. This usually happens monthly, and you may receive your bank statement electronically or via a printed statement in the mail. Jul 1, 2024 · It’s important to understand the online bank statement abbreviations. Whether you keep your bank statements or not, it can be wise to review them carefully. . The transaction could be a transfer to another Jun 29, 2020 · Transaction Codes Over the years I have seen many different types of activities in my bank accounts. But sometimes I don’t know what the transaction codes mean. Doing so can help May 4, 2023 · Dear Customer, With respect to your Account Number XXXX255, please note that in view of the internal accounting migration being carried out within the Bank, a system-generated entry will be passed, debiting and crediting your account with the same amount. " This indicates that money has been moved or transferred out of the account. Jan 29, 2025 · "Xfr Dr" on a bank statement typically stands for "Transfer Debit. This will help you read your statements better and see what they really mean. This is a dummy system generated entry, which is initiated Apr 9, 2024 · List of Indian bank transaction codes shown in savings bank account statements like SBI, ICICI and HDFC along with important finance terms. zedj hetx xfyp jonugf yldurl tsfq bcsd kowie qytocqg jozo