"DPC" on natwest statement

mrpete

hi,
i have "DPC" on my statement (in the column where it says things like INT (interest), TRF (transfer) etc.

what does DPC mean?

carl0s

It means Direct banking via PC, e.g. Digital Banking.
On my statements it is the abbreviation used when I make a payment via online banking, which I had always called BACS, but wanted to find out the proper name for, since it's a same-day service now, and my bank have described it as "Faster payments". I still tell my suppliers that I have "paid via BACS" though ..

Here's the list of abbreviations from my RBS Digital Banking, which is probably identical to NatWest's:

Do you have a list of statement abbreviations?

Below are the most common abbreviations that may be displayed on your bank account statement.

BAC - Automated Credit
BGC - Bank Giro Credit
BSP - Branch Single Payment
C/L - Cashline/Cash 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
DPC - Direct Banking by PC
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
POS - Point of Sale/Debit Card Transaction
S/O - Standing Order
SBT - Screen Based Transaction
TFR - Transfer
TLR - Teller Transaction
TSU - Telephone Banking