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Lloyds Bank Abbreviations On Statements

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JuniperEccles | 13:56 Sat 02nd Nov 2024 | Business & Finance
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I have Power of Attorney for a friend and a monthly payment arrives in his Lloyds account, marked D-C.  As my friend is unable to explain where this is coming from I asked in the local branch but they just told me they couldn't find out.  How useless is that?  Any ideas, please?

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Direct Credit?

It's up to the payer to define the payment reference, and they should advise the payee when it is first set up. 

Is the payment amount a debit or a credit?

If you look at the statement online have you tried clicking on the payment?  It can often bring up more details 

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Lloyds Bank Abbreviations On Statements

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