I'm trying to understand the meaning of PND in the context of banking. Could someone explain what this acronym stands for and how it's used in the banking industry?
7 answers
lucas_clark_artist
Sat Nov 16 2024
"Post No Debit" serves as a terminology in banking.
Alessandra
Sat Nov 16 2024
It denotes a particular restriction imposed on accounts.
Claudio
Sat Nov 16 2024
This restriction halts customers from executing withdrawals.
KimonoElegance
Sat Nov 16 2024
Transfers of funds are also prohibited under this measure.
Valentina
Fri Nov 15 2024
Any other form of debit from the account is similarly blocked.