You’re reviewing your bank statement, keeping an eye on your finances, and a strange code catches your eye: ADTQ. It’s not a merchant name you recognize, and it can be a little unsettling to see an unfamiliar transaction. Don’t worry, you’re not alone in wondering what this means. Let’s clear up the mystery behind those four letters.
In the world of banking, ADTQ is a common internal code. It stands for Automated Direct Transfer Query. This might sound technical, but it simply refers to an automated electronic transfer of money. It’s the bank’s way of categorizing a specific type of movement in your account.
Common Reasons You See an ADTQ Transaction
So, what kind of activity triggers this code? It’s typically linked to routine, automated financial actions. You might see ADTQ when a scheduled bill payment goes through, like your monthly utility or internet bill. It can also appear for transfers between your own accounts at the same bank, or for deposits from certain government agencies or your employer if they use a specific electronic transfer system.
When to Look Closer at an ADTQ Entry
Most of the time, an ADTQ transaction is completely normal. However, it’s always good practice to verify it. First, check the amount and date. Does it match a payment you were expecting? If you see an ADTQ charge you don’t recognize, or if the amount seems incorrect, it’s a good idea to investigate further.
Your Next Steps for Peace of Mind
Your first stop should be your online or mobile banking app. Look for more details on the transaction; sometimes a click on the entry will reveal a more descriptive memo. If that doesn’t help, a quick call to your bank’s customer service is the best course of action. They can look up the specific transaction using the reference number and date, and tell you exactly where the money came from or went to.
Seeing ADTQ on your bank statement is usually nothing to be concerned about. It’s simply the bank’s shorthand for a standard electronic transfer. By knowing what it means and taking a moment to match it to your records, you can manage your money with confidence and ease.
Leave a Reply