What is the difference between DC and CC?
What is the difference between DC and CC?
Re: difference between DC & CC Sometimes it’s automatically selected as DC if you enter a PIN (password), and CC if no PIN. (This can be of concern if you get cash-back: is that a cash advance, or just cash from your account?) Also, there are other concerns such as “overdraft protection”.
What is CC DC transaction?
Sounds like you are looking at account transactions – BP = Bill Payment, CR = Credit, DC = Direct Credit. If you have a statement you can look at, it shows the different abbreviations there too.
What is CC bank card?
A Cash Credit (CC) is a short-term source of financing for a company. In other words, a cash credit is a short-term loan. It enables a company to withdraw money from a bank account without keeping a credit balance. The account is limited to only borrowing up to the borrowing limit. Also, interest.
What is CC in ATM?
The standard cubic cm of atmosphere unit number 1,000.00 s cc atm converts to 1 l atm, one Litre-atmosphere. It is the EQUAL energy value of 1 Litre-atmosphere but in the standard cubic cm of atmosphere energy unit alternative.
What does CR in bank statement mean?
Difference Between Incurred Expenses & Paid Expenses The designation “CR” next to an item means it’s a credit to your account rather than a charge for which you have to pay, like a purchase you made with the card.
What is DC in banking?
Enhance your credit standing with your seller by providing payment assurance in the form of a Documentary Credit (DC) or Letter of Credit (LC) issued by CIMB Bank.
Which is better CC or OD?
Both of these financial instruments are used to borrow money against hypothecation of inventory or financial statements….What is the difference between Cash Credit and Overdraft?
| Cash Credit | Overdraft |
|---|---|
| The loan amount is based on the volume of stocks and inventory | The loan amount is based on financial statements and security deposit |
What is CC limit?
The cash credit limit loan in Delhi or CC limit is the maximum amount that you can overdraw from bank. However, the drawing limit is specified by the bank. Borrower has to pay interest on utilized amount only, not on limit sanction.
What is cc limit?
How do you convert ATM to CC?
Conversion chart – standard cubic cm of atmosphere to Litres-atmosphere
- cubic centimetre of atmosphere to Litres-atmosphere = 0.0010 l atm.
- standard cubic cm of atmosphere to Litres-atmosphere = 0.0020 l atm.
- standard cubic cm of atmosphere to Litres-atmosphere = 0.0030 l atm.