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How do I read the HSBC bank statement abbreviations?

Find out the description of HSBC bank statement codes

If you find the following abbreviations on your HSBC statement, they mean the following:

  • ATM - cash machine
  • BACS - Bankers Automated Clearing Services
  • CHQ - Cheque
  • CR - Credit
  • DD - Direct Debit
  • DR - Debit
  • SO - Standing order
  • TRF - Transfer

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