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Understanding your bank account statement can sometimes feel confusing, especially with so many short forms and legends used for different types of transactions. Every entry in your statement carries a code or abbreviation that explains the nature of the transaction, and knowing them helps you track your money smartly and avoid mistakes. For example, BBPS refers to Bharat Bill Payment Service, IMPS means Immediate Payment Service, NEFT indicates fund transfers between banks, and CCWD stands for
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