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    • YorkshireBoy
    • By YorkshireBoy 4th Apr 11, 6:47 PM
    • 27,207 Posts
    • 15,227 Thanks
    YorkshireBoy
    • #2
    • 4th Apr 11, 6:47 PM
    • #2
    • 4th Apr 11, 6:47 PM
    Googling "natwest statement abbreviations OTR" returns a wikipedia document which lists it as, simply, "online banking"...

    http://www.consumerwiki.co.uk/index.php/Natwest#Abbreviations_on_Statements
    • SimonM
    • By SimonM 4th Apr 11, 7:02 PM
    • 114 Posts
    • 75 Thanks
    SimonM
    • #3
    • 4th Apr 11, 7:02 PM
    • #3
    • 4th Apr 11, 7:02 PM
    So much for Helpful Banking, seems even their paper statements don't detail what the acronyms mean.

    However, I've found this list:
    • ATM - Automated Teller (Cash) Machine
    • BAC - Automated Credit
    • BGC - Bank Giro Credit
    • BSP - Branch Single Payment
    • CDM - Cash & Deposit Machine
    • CHG - Charge
    • CHP - Payment by CHAPS transfer
    • CHQ - Cheque
    • CUI - Centralised Unpaid In (Unpaid Cheque)
    • CWP - Cold Weather Payment
    • D/D - Direct Debit
    • DIV - Dividend
    • DR - Account Overdrawn or Debit Item
    • DWP - Department for Work and Pensions
    • ERTF - Exchange Rate Transaction Fee
    • IBP - Inter-Branch Payment
    • INT - Interest
    • ITL - International
    • NDC - Non Dividend Counterfoil
    • OTR - Online Banking Transaction
    • POS - Point of Sale/Debit Card Transaction
    • S/O - Standing Order
    • SBT - Screen Based Transaction
    • TEL - Telephone Banking
    • TFR - Transfer
    • TLR - Teller Transaction
  • James129
    • #4
    • 4th Apr 11, 7:14 PM
    • #4
    • 4th Apr 11, 7:14 PM
    I'm looking after my daughter's accounts while she is in hospital and I can see a few transactions with the code OTR next to them.

    I can't find anywhere on the NatWest site that tells you what the abbreviations mean. I'm thinking Online Transfer (i.e. between accounts). Is that it?
    Originally posted by Hootie19
    Yep thats correct. Whenever I transfer money from current account to savings account or vice versa, these transactions apear as OTR on monthly statements.
    • noizeuk
    • By noizeuk 4th Apr 11, 7:51 PM
    • 70 Posts
    • 19 Thanks
    noizeuk
    • #5
    • 4th Apr 11, 7:51 PM
    • #5
    • 4th Apr 11, 7:51 PM
    OP, you are breaching the accounts terms and conditions by accessing an account which is not yours. FYI don't tell the bank this.

    Im sure if the abbreviations were printed on the statements, care bear tree huggers would b.. and moan that NatWest are wasting paper. Helpful banking or not, no bank can win in this stupid country.
    • stclair
    • By stclair 4th Apr 11, 9:03 PM
    • 6,220 Posts
    • 3,335 Thanks
    stclair
    • #6
    • 4th Apr 11, 9:03 PM
    • #6
    • 4th Apr 11, 9:03 PM
    I'm looking after my daughter's accounts while she is in hospital and I can see a few transactions with the code OTR next to them.

    I can't find anywhere on the NatWest site that tells you what the abbreviations mean. I'm thinking Online Transfer (i.e. between accounts). Is that it?
    Originally posted by Hootie19
    Did you not just think to ask your daughter?

    Its against the banks terms and conditions to allow a third party access to there bank account BTW unless they have POA.
    I Work For the RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • vinh1000
    • #7
    • 4th Apr 11, 9:23 PM
    • #7
    • 4th Apr 11, 9:23 PM
    Did you not just think to ask your daughter?

    Its against the banks terms and conditions to allow a third party access to there bank account BTW unless they have POA.
    Originally posted by stclair
    account could be closed of that :S
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