What is the meaning of DR on bank account?

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_is a system of collection in which a local bank receives funds and transfers th...
Posted by:
Anayatullah Tahir
06-April-2014

Question added by Gulizar Koca
Date Posted: 2016/09/10

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1 Answers

Duncan Robertson

by Duncan Robertson , Strategy Consultant , Duncan Robertson Consultancy

Usually it means overdrawn, i.e. a negative balance.

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