While a credit is usually harmless, unusual activity on your statement can sometimes be a sign of testing by fraudsters. DBS/POSB Transaction Codes & Descriptions - Singapore DBS/POSB Transaction Codes & Descriptions. www.dbs.com.sg Guide to credit card statements - Vanquis
: Some retail promotions or bank-specific rewards programs deposit earned cashback directly into your account using this identifier. netpl cr singapore sgp
: If you recently returned an item or cancelled a service paid for via NETS, the merchant may have processed a refund back to your card. While a credit is usually harmless, unusual activity
: If a previous payment failed or was double-charged, the bank or merchant may issue a "NETPL CR" to correct the error. : If you recently returned an item or
If you have noticed the transaction code on your bank statement (common for DBS/POSB or other Singapore-based accounts), it typically indicates a credit (refund or incoming payment) related to NETS (Network for Electronic Transfers) . The breakdown of the code is as follows: