What Does POS Mean on a Bank Statement? | Sapling
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What Does POS Mean on a Bank Statement? | Sapling
If you have a checking account at a bank or credit union, you receive a monthly statement showing the account’s beginning and ending balances, as well as all the transactions for the month. A transaction type labeled “POS” means that your debit card was used to make a purchase at a point-of-sale location, such as a store’s cash register ...
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