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DDA stands for Demand Deposit Account. It is your deposit account. A term used widely in payments industry

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13y ago

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Related Questions

What does visa dda pur mean?

I believe it stands for VISA Direct Debit Authorization, you usually will see this on your statement after making a credit purchase with a Visa Debit Card.


What does dda gl credit mean?

DDA=Demand Deposit Account....(ex, checking account, savings account, etc) GL=General Ledger.... Credit=Positive Entry, Entry going -in-, opposite of debit....


What is debit memo DDA?

The description H.O. MEMO DEBIT DDA is temporary and remains until the systems update. Upon completion of the update, between midnight and 7:30 a.m. ET, Monday through Friday, the correct transaction description will appear. Updates do not reflect over weekends or holidays.


What does happys newydd dda welsh mean?

Happys is not Welsh, hapus is 'happy', Newydd means 'new' Dda mean 'good/well'


What does dda mean in ATM transfer to dda number?

DDA stands for demand deposit account. It is a bank account in which you can deposit and withdraw money. A form of a demand deposit account is a checking account.


What is a DDA debit from a checking account?

A "debit" is a subtraction and "DDA" means checking account. You should contact your bank directly for information about exactly WHY your account was debited, but here are some possible reasons:- You requested a transfer to another account from your checking account, and a DDA debit form was used to complete the transfer- You are overdrafted on another account or owe the bank money and they have recollected their loss by debiting your checking account- You deposited checks and totaled them wrong on the deposit slip, so the bank has made an adjustment to reflect the correct total- You are being charged for another reason, such as a returned check


What does DDA mean on a financial statement?

Downtown Development Authority


What is Infufficient dda inquiry activity?

Insufficient DDA (Direct Debit Authority) inquiry activity refers to a lack of adequate investigation or follow-up regarding direct debit transactions. This can occur when there are discrepancies, unauthorized debits, or customer complaints that are not thoroughly examined or resolved. Such insufficient inquiry can lead to financial discrepancies, customer dissatisfaction, and potential compliance issues for businesses. It underscores the importance of robust monitoring and responsive customer service in managing direct debit processes.


What does chwaer yn dda iawn mean?

your sister is very good lol


What is simple dda?

DDA stands for Digital Differential Analyzer. With that in mind, simple DDA just means that it is simplified.


How do you find your dda number?

were is the dda number on a check


What are DDA responsible for?

The DDA is responsible for ensuring that disabled people are not discriminated against in the workplace, school, or housing. DDA stands for Disability Discrimination Act.

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