POS ATM PURCH in a bank statement means a transaction made using a debit card at a point of sale terminal or ATM. It indicates purchase payments or related card based transactions.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
19 September 2016
what is " POS ATM PURCH " term means in bank statement ?
19 September 2016
POS- Point of Sale, if u purchase something by paying it through ur Debit card then such thing appear in ur bank statement. During cash withdrawal from ATM also u may see such type of thing in ur statement.