What Is a Memo Post on a Bank Account?

What Is a Memo Post on a Bank Account?

A memo post is a temporary entry your bank adds to show a transaction before it officially posts. Learn what memo posts are, how they affect your balance and how long they last.

What Does DDA Mean on a Bank Statement?

What Does DDA Mean on a Bank Statement?

DDA stands for demand deposit account, your checking account. Learn what DDA means on a bank statement, common DDA entries like DDA debit and DDA credit, and when to worry.