Category: BANK STATEMENTS

  • What Is “stel aggregation”? And Why Does It Appear on Customer Bank Statements?

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    Stel aggregation is the process of combining multiple small transactions into one larger transaction. This is often done to make it easier for banks to reconcile their customer accounts and prevent overdrafts. Stel aggregation takes place when a customer has multiple debits made by different merchants on the same day, but they’re not all paid…