0

My bank account is debited with description single side debit QMC charges.

For what purpose the single side debit is charged.

BANK NAME: CITY UNION BANK

COUNTRY: INDIA

1

2 Answers 2

1

What country and Bank? It could be a specific narration used by a Bank to indicate that the charges are as a result QMC [Quarterly Maintenance Charges?] rather than any payment instructions ...

1
-2

QMC Charges means Quarterly Minimum Charges... Why because bank persons can directly debit these charges for Not maintaining of Minimum balance on Quarterly base...

You must log in to answer this question.

Not the answer you're looking for? Browse other questions tagged .