Cryptocurrency Q&A What does PND mean in banking?

What does PND mean in banking?

EthereumLegendGuard EthereumLegendGuard Thu Nov 14 2024 | 7 answers 1196
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? What does PND mean in banking?

7 answers

lucas_clark_artist lucas_clark_artist Sat Nov 16 2024
"Post No Debit" serves as a terminology in banking.

Was this helpful?

192
38
Alessandra Alessandra Sat Nov 16 2024
It denotes a particular restriction imposed on accounts.

Was this helpful?

108
34
Claudio Claudio Sat Nov 16 2024
This restriction halts customers from executing withdrawals.

Was this helpful?

234
49
KimonoElegance KimonoElegance Sat Nov 16 2024
Transfers of funds are also prohibited under this measure.

Was this helpful?

96
43
Valentina Valentina Fri Nov 15 2024
Any other form of debit from the account is similarly blocked.

Was this helpful?

386
20
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts