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Bank Statement Codes guide

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MSE_Helen_S
MSE_Helen_S Posts: 109 MSE Staff
Part of the Furniture 10 Posts Name Dropper Combo Breaker
edited 12 September 2023 at 2:25PM in Budgeting & bank accounts
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Thanks folks,

Comments

  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    It's a useful list but I'm not sure it would be possible to rely 100% on it, some banks use some codes for different things to other banks.
  • alanq
    alanq Posts: 4,216 Forumite
    1,000 Posts Combo Breaker
    Most of those codes are abbreviations but not acronyms.

    Collins: "a pronounceable name made up of a series of initial letters or parts of words"

    Oxford: "An abbreviation formed from the initial letters of other words and pronounced as a word"

    Thus BACS is an acronym but APR isn't.
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