Abbrevations in Bank

Friends, normally we all go to banks for various purposes., here I found out few short forms normally used by the bank people. So I tought of sharing with all of you. It is nice to know the short, short forms which we use in our daily life.  The following are few such frequently used ones:

Adj - Adjustment

Ar. – Arrears

Capn. – Capitalisation

Chg/Ch. – Charges

Chq. – Cheque

Clo. – Closure

Coll – Collection

CoR/CORR – Correction

Csh – Cash

Dep – Deposit

Dish/dsh – Dishonour

Inop – Inoperative

Ins – Insurance

Lon/ln – Loan

OS – outstanding

P & T – Postage & Telegram

POS – Point of sale

Pr – Principal

Proc – Processing Charges

Ret/rtn – Return

Rnd – Round off

SC – Short credit

SI/SO/SORD – Standing Instruction

Txn – Transaction

Wdl – Withdrawal

+MOD BAL – Total Balance

  

Hope it helped you.