Over the years I have seen many different types of activities in my bank accounts. But sometimes I don’t know what the transaction codes mean. And I’m left scratching my head as to what I’m being paid or charged for. Here’s an example of my account statement.
So to make life easier I’ve compiled a list of account actions with the different abbreviations and what they represent. Most of these transaction codes will apply to TD Canada Trust and Direct Investing accounts. I don’t know if other institutions use the same bank codes but they will probably look similar. 🙂
Use Ctrl+F to find a specific code.
Keep in mind that these transaction codes may be different than what will ultimately appear on your year-end tax slip. Sometimes banks and brokerages use default designations for convenience and may vary from the tax documents they send to you and the CRA. Whether you are using WebBroker or another online service make sure to ask a representative if you are unsure of any activities in your account.
Additional codes and descriptions from TD’s website:
| Codes | Description | Codes | Description |
| ACR | Automated Credit | ADM | Automated Debit |
| ADR | Authorized Debit | AGR | Agriculture Stabilization |
| AID | Automatic Interest | ANN | Annuity |
| APM | Authorized/Automated Payment | APY | Automated Payroll |
| CB | Cashback | CC | Certified Cheque |
| CCQ | Customer Cheques | CDC | Canadian Dairy Commission |
| CFS | Canadian Forces Superannuation | CHQ | Cheque |
| CLS | Close Account | CM | Credit Memo |
| COR | Correction | CPC | CPC Direct Deposit |
| CPN | Coupon Credit | CPP | CPP Direct Deposit |
| CRC | Credit Correction | CSB | Canada Savings Bond |
| CTB | Child Tax Benefit | DEL | Debit Deletion |
| DEP | Deposit | DIV | Dividend |
| DM | Debit Memo | DRC | Debit Correction |
| FA | Family Allowance Direct Deposit | FED | General Government Payment |
| FSC | Foreign ABM S/C | FWD | Forward |
| GC | TD Canada Trust Access Card Transaction (Other Branch) | GMD | Green Machine Deposit |
| GMP | Green Machine Bill Payment | GMT | Green Machine Transfer |
| GMW | Green Machine Withdrawal | GST. | Goods and Services Tax |
| ICR | Interest Credit | IDR | Interest Debit |
| INS | Insurance Payment | INW | Interac Withdrawal |
| LCR | Loan Proceeds | LDR | Loan Payment |
| LIN | Loan Interest | MLD | Mail Deposit |
| MTG | Mortgage Payment | NRT | Non-Resident Tax |
| NSF | NSF Charge | OAS | Old Age Security Direct Deposit |
| ODC | Overdraft Charge | PAY | Payroll Credit/Wages |
| PEN | Pension | P/C | Purchase/Cashback |
| PR | Purchase/Return | PSA | Public Service Superannuation |
| PSC | Purchase Service Charge | PTC | Personal Transfer Credit |
| PTD | Personal Transfer Debit | PTS | Personal Transfer |
| PUR | Purchase | PW | Plus ABM Withdrawal |
| REO | Re-Open Account, Close Account Correction | RIF | RIF Deposit |
| RTD | Returned Cheque | RSP | RSP Contribution |
| SC | Service Charge | SDB | Safety Deposit Box Rent |
| SK | Safekeeping Charge | TAX | Tax Refund |
| TCR | Transfer Credit | TRM | Term Investment |
| UCN | Unclaimed Balance Notice | UI | Unemployment Insurance |
| UGM | US Dollar GM Withdrawal | UPD | Update |
| VW | Visa ABM Withdrawal | WD | Withdrawal |
| WHT | Withholding Tax | WTC | Debit Reversal Correction |
| WTR | Withholding Tax Reversal | WVA | War Veteran’s Allowance Direct Deposit |
| Tax Payment Type | Description Code |
| Payroll deductions – Threshold 1 – Twice monthly (source deductions $15M – $50M monthly) | EMPTX |
| Payroll deductions – Threshold 2 – Weekly (source deductions over $50M monthly | EMPTX |
| Payroll deductions – Monthly | EMPTX |
| Corporate Tax | TXINS |
| Personal Tax Installments | TXINS |
| GST Return (GST34) | GST34 |
| GST Remittance (GST58) | GST58 |
| Tax Payment Type | Description Code |
| Alberta Teachers’ Retirement Payment | ATRF |
| Alberta Teachers’ Association Payment | ATA |
| Alberta School Employee Benefit Payment | ASEBP |
| Alberta School Employee Health Spending Account | ASEHS |
PROVINCIAL – British Columbia
| Tax Payment Type | Description Code |
| Social Service Tax (Provincial Sales Tax) | BCSST |
PROVINCIAL – Nova Scotia
| Tax Payment Type | Description Code |
| Workers’ Compensation Board | WCBNS |
| Tax Payment Type | Description Code |
| Family Responsibility Office, Ministry of the Attorney General | MAG |
| Employer Health Tax | ONEHT |
| Provincial Corporations Tax | ONCT |
| Retail Sales Tax (return) | ONRST |
| Retail Sales Tax (payment) | ONRST |
| Tax Payment Type | Description Code |
| Combined Sales Tax and GST (TVQ & TPS) | TXIN |
| Combined Sales Tax and GST Installment | DECOR |
| Corporate Installment Remittance | GSTIN |
| G.S.T. Installment | GST |
| G.S.T. Remittance | PAY |
| Payroll Source Deductions – Monthly | PAY |
| Payroll Source Deductions – Twice monthly | PAY |
| Payroll Source Deductions – Weekly | COREC |
| Personal Installment Remittance | TXIN |
| Sales Tax Installment (QST) | QSTIN |
| Sales Tax Remittance (TVQ) | TVQAP |
| Support Payments | RPPAQ |
| Remittance of Source Deductions (Quarterly) | PAY |
| Tax Payment Type | Description Code |
| Provincial Sales Tax | SKTAX |
| Corporate Capital Tax Installment | SKCOR |
| Fuel Tax | SKFUL |
| Liquor Consumption Tax | SKLQR |
| Retailer Tobacco Tax | SKTOB |
| Wholesale Tobacco Tax | SKTOB |
More transaction codes will added as this page is updated over time.
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