Here is a list of some of the key terms you’ll want to know when it comes to making the most of your current account. They can vary in amount and frequency. Wiki User Answered . The Accountholder is deemed to have received each statement of account for the preceding month on the date of the e-mailer. In the top right corner, you’ll see the account the statement is for and an account summary showing: International Bank Account Number (IBAN) - The IBAN is a series of alphanumeric characters that helps to identify accounts held anywhere in the world, Business Identifier Code (BIC) - Your BIC is the code that helps banks outside the UK identify where to send money, Opening balance - This is how much money you had in your account at the start of the statement period, Payments in - The total amount paid in over the statement period – this might include your salary or benefits, Payments out - The total amount you’ve paid out over the statement period – this could include things like shopping, money withdrawn at cash machines and regular Direct Debits or standing orders, Closing balance - This is how much money you had in your account at the end of the statement period, Overdraft limit - This is the agreed maximum amount you’re able to go overdrawn on this account. When you use your debit card, the amount of the transaction is debited from your current account. This is a six-digit code that identifies your bank branch. There will usually be a cost for using an arranged overdraft in the form of interest and sometimes fees. When you register for online banking, you’ll automatically be switched to paperless statements. Please note that not all correspondence from HSBC will be available online and you'll still receive some letters by post. Many of the industry's leading publications recognise our success as an emerging markets-led and financing-focused wholesale bank. When we check our bank account statements either Online of printed on Passbook, we see all the transactions with transaction details or remarks. HSBC Bank Canada did not have a separate business line for Global Private Banking and there have been no changes in assets or liabilities nor any changes in the income or expenses that were previously attributable to the RBWM business line as a result of the change in structure. Make sure you read the signs on the machine closely to double check you won't be charged a fee. Benefits of switching to eStatements: Be able to view up to seven years of your Online Banking statements It identifies accounts held at any bank in any country, or region. The ESG Update outlines action the bank is taking to meet its wider responsibilities towards customers, communities and other stakeholders around the world. Top Answer. Your HSBC bank statement gives details of everything that’s been paid out and paid in over a given period of time. what does d mean on a hsbc statement? This is a way of the account provider and you agreeing in advance that you may borrow money when there is no money left in your current account. Many people do not know the full form of many terms related to Banking and what is the meaning of that, but it is most important to know. Annuité = Annually payment. The HSBC name is derived from the initials of The Hongkong and Shanghai Banking Corporation Limited. Many of the industry's leading publications recognise our success as an emerging markets-led and financing-focused wholesale bank. Here is a list of common French bank words and French bank statement abbreviations that you are likely to find in your French bank statement or when dealing with banks in France: Actions = Shares. Below are the most common abbreviations for transaction types that may be shown on your bank account statement. Ask a question. Statement Reconstruction $40 Below are the most common abbreviations for transaction types that may be shown on your bank account statement. ATM - Automated Teller (Cash) MachineBAC - Ask a question. Unlike Direct Debits, the amount paid by a standing order is fixed and you're the only one who can change it. It also shows any interest and fees that have been added to, or deducted from, your account. It identifies accounts held at any bank in any country, or region. A payment from your bank account to another account on a date, or dates, agreed by yourself and the recipient. When you send money between your own accounts, for example from a current account to a savings account. No. There may be an ongoing regular payment for something you set up some time ago and has slipped your mind. Or have paper statements sent to you by post one you know them by you can access bank... The branch over the counter 1 or 2 questions from these banking plays! 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