The Commonwealth Bank of Australia (CBA) made a similar move in June last year, after identifying over 8,000 customers that had some sort of abuse hurled at them via transaction descriptions.

As old-fashioned as it may sound, knowing how to balance a checkbook is more important than ever. Learn how to capture every transaction.

Cryptic transaction descriptions, missing merchant details, and unclear categorization are all too common. It’s a serious gap in the modern banking experience.

Standard Bank is changing its deposit statement narratives to make them simpler, clearer and more descriptive, with transaction descriptions on customers' bank statements clearly describing the ...

If the bank account in which the money has been transferred by mistake belongs to another bank or branch, then it may take a long time for the money to come back. In such cases, you may have to ...

A bank statement, or account statement, is a document supplied by banks to account holders every month. It summarizes account transactions from the statement period, including deposits, transfers ...

Reconciling your business bank statement is a crucial process to ensure your financial records match your bank’s reported transactions. Step 1: Compare balances.

But the easiest way is probably to work with a bank that charges low fees overall — especially monthly service, ATM, and foreign transaction fees. 13. Stop payment fees ...