Barclays UK Bank Statement: Paid Out/Paid In Explained

Unique UK Terminology Barclays uses: Paid Out : Money leaving (Debit) Paid In : Money received (Credit)

Payment Types FPS: Faster Payments Service BACS: Automated payments DD: Direct Debit SO: Standing Order CHAPS: Large payments

StatementGPT recognizes UK terminology and extracts all transactions accurately.

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