Memo posting

id: memo-posting-193-12908322
title: Memo posting
text: Memo-posting, in traditional computerized banking environments that use batch processing, is temporary credit or debit transactions/entries made to an account for which the complete posting to update the balance will be done as part of EOD (end-of-day) batch processing. The temporary transaction created as part of the memo-posting will be reversed/removed after the actual transaction is posted in batch processing. Some modern banking systems implement real-time posting. Examples: A customer rece
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Memo_posting
date created:
date modified: 2023-04-10T05:11:30Z
main entity: {"identifier":"Q6815253","url":"https://www.wikidata.org/entity/Q6815253"}
image:
fields total: 13
integrity: 13

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