
Decoding bank statements - Business Standard
2010年7月26日 · INW CLG: Indicates inward clearing done by the bank (when we issue a cheque) EBA: For trading-related transactions by some banks; BIL: Bill payments through the internet; FI, SP: Bounced cheques due to insufficient funds. 'SP' stands for stop payment
CLG Full Form - MyMoneyMantra
2024年1月2日 · CLG full form is Clearing. It is a process wherein the cheque deposited by you will be sent to the bank on which it is drawn through the Clearing House and collect the money from the respective bank to credit it to your account.
CLG Full Form - What do You Mean by CLG in Banking Passbook …
2024年2月28日 · Know the CLG Full Form and its means in banking when you update your statement or passbook. It is associated with the money deposited through cheques.
Meaning of "INWARD MICR ZONE - 1" in Bank Statement/SMS
CLG Means - Cheque is in clearing! Some time bank has given contract to some private agencies to Drawn Cheque, INWARD MICR ZONE - 1 is name of the agency, which has drawn your Cheque in favor of your bank. Meaning of Inward Cheque Return: Who sent a cheque to you, this money will be deposited into your account.
What is CLG in Bank Statement? - NoBroker
2022年9月7日 · The full form of CLG is Clearing House Transaction in Banking. It is used by private banks and the Reserve Bank of India to clear cheques amongst the 1150 cheque clearing houses. The CLG meaning in bank statement will remain …
What is CLG in a Bank Statement? - Square Yards
CLG on a bank statement is "Clearing," which refers to settling transactions between or within the same bank. This term usually appears next to entries in your bank statement to indicate that a check or other payment you deposited has been successfully processed and …
What is inward clearing in banking? - Answers
2023年9月18日 · In banking, inward clearing refers to a check received by a bank from another bank. Essentially, it is a transaction between two banks to pay fees, loans or other debt. It can also be for the...
List of Indian Bank Transaction and Finance Codes – WebNots
2024年4月9日 · Here is a consolidated list of transaction codes used in Indian savings bank account statement. Each transaction in the bank statement will have a code to indicate its type. For example, you can find “ATM” for money withdrawals from ATM.
Axis Bank Statement Abbreviations Explained | Indian Stock …
CLG - Cheque Clearing Transaction EDC - Credit transaction through EDC Machine SETU - Seamless electronic fund transfer through AXIS Bank Int.pd - Interest paid to customer Int.Coll - Interest collected from the customer. Check out the procedure for …
INW CLG Inward Clearing OW CLG Outward Clearing STPYMT Stop payment CHQ Cheque ATM Automated Teller Machine INT Interest POS Point of Sale WDL Withdrawal IBT Inter Bank Transfer PO Payorder DD Demand Draft E/R or REV Entry Reversal DR Debit CR Credit SB Savings Bank Account ...