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I got some money transferred from a company in the USA to my UK bank (HSBC) account and I found that it is listed as "advice confirms" in the bank statement record online.

What does this mean?

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It means that you are expected to have received a separate piece of communication ("advice") which confirms who the payment came from. This is common with CHAPS payments and overseas transactions.

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  • So this is not a problem in the payment and should be updated when they confirm the sender name, correct? – AME May 17 '15 at 11:19
  • This is not a problem in the payment, correct. As to whether they will update it, I don't think so. – Vicky May 17 '15 at 19:45

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