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DR, Account Overdrawn or Debit Item ; DWP, Department for Work and Pensions ; IBP, Inter-Branch Payment ; INT, Interest. What do the abbreviations on my statement mean? Here's a list of what common banking abbreviations relate to: APR – Annual Percentage Rate (relates to Abbreviations we use in alerts ; BGC. Bank giro credit ; BP. Bill payment ; CHQ. Cheque ; CRE. Credit payment. To help prevent fraud, when you make a payment in the UK, the name of the account holder will now be checked against what you have entered. Any abbreviation / icon which appears next to a transaction on your statement will appear with an explanation, above your transaction listing. If there's something on your Lloyds Bank statement that you don't recognise, we're here to help.What do bank statement abbreviations mean? ; D/D or DDR - Direct Debit, This is a common abbreviation and signifies a regular payment of a fixed or a variable What are IBANs and SWIFT codes? IBAN stands for International Bank Account Number, which you can use when making or receiving international payments.
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