If you did not expect a refund or correction, always double-check—but in the vast majority of cases, this is a routine bank adjustment in your favor.
Let’s start by deconstructing the phrase into its core components. Bank of America, like most mega-banks, uses a proprietary shorthand to describe internal accounting processes. c h accounting credit adjustment fdes nnf bank of america
Refers to the automated system used to exchange and settle transactions between financial institutions. If you did not expect a refund or
Are you currently expecting a or a fraud claim resolution on your account? like most mega-banks
This article is designed to be informative for consumers, accountants, and small business owners who may see this cryptic string on their bank statements.