What is atd in bank statement?

1 answer(s)
Answer # 1 #

I have seen this code on my statements before, and I was confused too. ATD almost always means Automated Teller Deposit. It is a very common code for banks to use.

This means you made a deposit using the bank’s machine, the ATM. It was not a transaction with a person at the counter. So, if you put cash or a check into the ATM, your bank statement will probably show it as 'ATD'. It is just the bank's way to categorize the transaction. It helps them know how the money entered your account.

Sometimes it can also appear as ATM-D, which means the same thing. If you ever see this and do not recognize the transaction, you should call your bank. They can give you the exact details of the deposit for sure.

[2 Year]