Thread: Info Required - Statement Meaning ??

Why not take the statement to your local Alliance& Leicester branch and ask them to explain it? Just a thought.

Originally Posted by Sophie-Jane

Hi all

Just received a Statement from my old closed Alliance & Leicester Account, after a successful case that they settled

On this statement Dated 4th Aug 2006

I have a Transaction showing the Following



So What I need to know is what PBAR WRITE-OFF TXN WRITE OFF (MATURE) means

Does that also Mean the Equidebt cannot try and get the money, as on 2nd Dec that the Balance owed shows £0

All help appreciated

Date Description Money Out Money In Balance
22NOV £10 £1337.67OD
2 Dec PBAR WRITE-OFF TXN
WRITE OFF (MATURE) £1337.67 £0

Current Statement Balance £0

Originally Posted by Sophie-Jane

Hi all

Just received a Statement from my old closed Alliance & Leicester Account, after a successful case that they settled

On this statement Dated 4th Aug 2006

I have a Transaction showing the Following



So What I need to know is what PBAR WRITE-OFF TXN WRITE OFF (MATURE) means

Does that also Mean the Equidebt cannot try and get the money, as on 2nd Dec that the Balance owed shows £0

All help appreciated

Generally means that the the Debt is written-off as it is a mature debt(in other words OLD)

I think this TXN is the old code for TAX CODE N Write off - which is Debt written of against tax.