Bank Statement

A deposit reversal is when your bank removes money previously deposited, often due to a bounced check, duplicate deposit or sender error. Learn causes, fees and next steps.

A stop payment fee is charged when you ask your bank to stop a check or ACH payment. Learn how much it costs, how stop payments work, how long they last and cheaper alternatives.

Most check holds last 1 to 2 business days, but some can last up to about 7. Learn check hold rules, why banks hold checks, exception holds and how to get funds faster.

A settled transaction is one where funds have officially moved from your bank to the merchant’s bank. Learn what settlement means, how long it takes and how it affects disputes.

An authorized transaction is one your bank has approved and placed a hold for, but not yet finalized. Learn what authorized means, how holds work and how long they last.

A posted transaction is one your bank has finalized and recorded on your account. Learn what posted means, pending vs posted, how long posting takes and why amounts change.

A ledger balance is your account balance at the end of the previous business day, before pending transactions. Learn how it differs from available balance and why it matters.

A courtesy pay fee is charged when your bank or credit union covers a transaction you did not have enough money for. Learn how it works, typical costs and how to avoid it.

PYMT on a bank statement is short for payment. Learn what PYMT means, common examples like loan, card and bill payments, how they post and what to do if one looks wrong.

XFER on a bank statement means transfer. Learn what ONLINE XFER, MOBILE XFER, EXT XFER and XFER TO or FROM mean, how long they take and how to spot fraud.