It can be either “funds transfer debit” or “fixed term deposit”. Funds transfer debit is an electronic funds transfer transaction which is shown in the statement.
Considering this, what is the meaning of NWD in HDFC Bank statement?
NWD is any type of transaction which is withdrawn through an ATM machine. Private sector bank like HDFC Bank uses various terms in its banking channels like EAW, NWD, OWD, ATW, ATS, NFS and AWB for automated teller machine (ATM) transactions for bank ATMs.
What is the meaning of ATW?
ATW means "All The Way" So now you know - ATW means "All The Way" - don't thank us. YW! What does ATW mean? ATW is an acronym, abbreviation or slang word that is explained above where the ATW definition is given.
What does POS stand for on a bank statement?
On a bank statement, a POS transaction is one of many labels used to describe the type of sale. The POS label only appears on a bank statement when a debit card is used to complete a transaction. Credit card purchases don't carry the same label.