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| *The Commerce Journal>>>Other - Business & Finance |
CR , DR, ANNU , ICON Pl tell me the word for these abbreviations in banking terms? |
I got a statement from a bank in which these abbreviations where used. Its an NRE account. CR = Credit Not so sure with ANNU & ICON PI but DR is debit and CR is credit. Annu MAY BE annuity and Con PI is considlidated prinsipal interest.However, I dont really wanna guess so I advise u got to ur bank and find it out as bank use their own transaction codes. |
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