Bank Debits

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Dictionary Says

Definition of 'Bank Debits'

A bookkeeping term for realization of the reduction of deposits held by bank customers. Bank debits can be the result of check payments, honored drafts or a withdrawal of funds from an account. Economists also use bank debit statistics to forecast national economic trends, including the transactions demand for cash.
Investopedia Says

Investopedia explains 'Bank Debits'

On a bank's balance sheet, deposits are liabilities: they represent a source of capital and obligations to the customer. As a liability, deposits has a credit balance. In contrast, the cash deposits supply to the bank are assets, which have debit balances.

When a check is paid, the bank's obligation to the customer becomes smaller, since fewer funds are supplied to the bank. The liability that deposits represent is reduced through a debit for the amount of the check. At the same time, the bank's cash is smaller as well, and so the assets of the bank are reduced through a credit.
Search results for

'Bank Debits'

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    ... Credits and Debits to Trading Account Credits or debits, in interest, are paid based ...
    Rollover interest is much like the interest paid to a bank account balance ...
  • How To Cut Your Banking Fees - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0411/How-To-Cut-Your-Banking-Fees.aspx
    ... Another type of transfer is the overdraft transfer which debits savings accounts
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  • The Banking System: Commercial Banking - How Banks Make Money ...

    http://www.investopedia.com/university/banking-system/banking-system3.asp
    ... Visa and MasterCard simply run the proprietary networks through which money (debits
    and credits) is moved around between the shopper's bank and the merchant's ...
  • Inside National Payment Systems

    http://www.investopedia.com/articles/economics/08/nps.asp
    ... is when large numbers of individual positions (both credits and debits) are netted ...
    which is the main large value platform for the European Central Bank and its ...
  • Treasury International Capital

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    ... stocks, derivatives, currencies, options, forwards and swaps as well as bank
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  • Buy Treasuries Directly From The Fed

    http://www.investopedia.com/articles/bonds/08/treasuries-fed.asp
    ... at a US depository financial institution that will accept debits and credits ... Transfer
    Request Form must indicate the correct routing number, bank name, special ...
  • UFXMarkets: Charging Structure And Customer Support | Investopedia

    http://www.investopedia.com/university/ufxmarkets-forex-broker-review/ufxmarkets-forex-broker-review2.asp
    ... (For related reading, see Understanding Forex Rollover Credits And Debits.). Customer
    Support When the markets ... Related Tutorials. Forex Broker Summary: Saxo Bank ...
  • Series 26 Study Guide - Recordkeeping Rules - SEC Section 17 ...

    http://www.investopedia.com/exam-guide/series-26/recordkeeping-rules/sec-section-17.asp
    ... of securities and commodities for such account and all other debits and credits ... All
    check books, bank statements, cancelled checks and cash reconciliations; All ...
  • Option Spreads: Diagonal Spreads | Investopedia

    http://www.investopedia.com/university/optionspreadstrategies/optionspreads6.asp
    ... Recall that spreads can be done either as debits or credit spreads, and can be
    constructed with puts or calls. ... Forex Broker Summary: Saxo Bank. ...
  • Spice Up Your Portfolio With International Bonds

    http://www.investopedia.com/articles/bonds/08/global-bond.asp?partner=aol-d
    ... For example, a bond issued by a Japanese bank in the Japanese market paying interest
    in Japanese yen would be a ... Understanding Forex Rollover Credits And Debits. ...

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