Overview Ц Common Reporting Standard (CRS)
CR means a credit has been applied to your account (ie, money returned to you). Credits are expenses for the banks, so they are tallied as expenses on their financial documents. Where is the hsbc. Mar 19, †Ј I checked my online banking today with hsbc-I have a basic bank account with them. I noticed they had put ?10 in my account, next to it it says "ADJUST TO CR 1" What does this mean? Why did they put ?10 in my account? I have never had a bounced direct debit etc with them, so never had any charges on it that they could have been refunding? Anyone?
At the top of the page, it shows your name and address, the period of time covered by the statement and your account name. Opening balance - This is how much money you had in your account at the start of the statement period. Payments in - The total amount paid in over the statement period Ч this might include your salary or benefits. Closing balance - This is how hsbc what does cr mean money you had in your account at the end of how to clean a chihuahua ears statement period.
Under a summary, the statement gives the following important details:. Sort code - A 6-digit number which identifies the branch where your ,ean is held. Account number - This 8-digit number is the unique number for your account which anyone paying money to you will need to know. Sheet hsbbc - Your statement might run over dows than one page Ч all the sheets are numbered so you can keep them in the right order. Here are some of the most common ones:. For example, some shops trade under a different name to the one you know them by.
Or if you've been abroad, the exchange rate might mean an amount looks different to what you thought you'd paid. There may be an ongoing regular payment for something you set up some time ago and has slipped your mind. Also, if you've agreed to a free trial but not cancelled it, it might be that you've now started paying for that service.
Managing your account. The basics. Does something look wrong? Explore more. Banking terms you need to know. What to do if you ccr an online transfer mistake. Rc your spending. Back to top. Customer support. Visit our Help page to find out meean.
There might be some abbreviations on your statement that you havenТt seen before. Here are some of the most common ones: ATM - Automated Teller Machine, usually known as a cash machine in the UK. BACS - Previously known as Bankers' Automated Clearing Services, this is the system which businesses use to pay wages directly into an employeeТs account. What is the CRS? expanded. The Common Reporting Standard (CRS) is a new information-gathering and reporting requirement for financial institutions in participating countries/jurisdictions, to help fight against tax evasion and protect the integrity of tax systems. Jun 29, †Ј The designation "CR" next to an item means itТs a credit to your account rather than a charge for which you have to pay, like a purchase you made with the card. Why "CR" Might Appear on Your Statement Credits appear on your credit card statement for a variety of reasons including returns, credit card rewards and payments.
Asked by Wiki User. This is generally available to spend on the card. DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter. It means Paying in machine. Maestro card transaction. It means that you are in Credit. HSBC's vision is to be the world's leading financial services company. We aim to be the worlds leading financial services company. I would also really likee to know.
This is an ATM withdrawal, Not sure of the exact bank. HSBC is a bank. The chairmen of HSBC banks in some countries are: a. CR means a credit has been applied to your account ie, money returned to you. Credits are expenses for the banks, so they are tallied as expenses on their financial documents.
Ask Question. Swift Codes and Routing Numbers. Mission Statements. See Answer. Top Answer. Wiki User Answered Related Questions. What does pim mean on a hsbc bank statement?
What does DR payment type mean on hsbc statement? What does CR mean on a bank statement? HSBC vision statement? What is the vision statement of HSBC bank? What does PIM stand for in a bank statement? What does bnkm on a bank statement mean? What is the purpose of hsbc? Who is the head of hsbc bank? How is the chairman of the hsbc bank? What does CR mean in a bank statement? Where is the hsbc bank in Belgrade Serbia? What is hsbc swift code of hsbc Canada?
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