question about POSB bank account book

• Nikar2

  6 Nov 07, 21:58

  hi all,
  
  i check my POSB bank account book and there's this entry which says "CSL" right besides the date, then in the Withdrawal column, it writes $4103.61.
  
  so, it looks something like:
  
  

  code:

  Date          Deposit        Withdrawal
  24 04 07 CSL                      4103.61

  
  
  from what i know, CSL is a code that means "Consolidated" in the POSB bank account book.
  
  my question is : why does CSL appear?! i notice that it appears only on certain months and sometimes, the interval between one CSL and another us 1 year in between (like 4 April 05 and 4 April 06)!
  sometimes, the interval is only 3 months.
  
  in the above case, does it mean that i've withdrawn a total of $4103.61 since my previous CSL entry?
  
  i'm very confused and hope someone can explain.
  serious pls, and nobody hacked into my bank account..
• mystee

  6 Nov 07, 22:02

  u seldom update ur bank book rite?
  
  if i m not wrong...
  normally those that seldom / rarely update bankbook, the bank will mail bank statement to u. then that total amt withdrawed will jz be printed in the bankbook as a consolidated amt.
  
• huiz

  6 Nov 07, 22:03

  when you didnt update your passbook for a long time, they will consolidate all your withdrawals and deposits amount and put it under a single amount. and yah, the $4K plus is the total amount for money withdrawn for the long period you didnt update your passbook.
  
  they got send you a letter of the consolidated withdrawals and deposits boh? might be long time ago.
• Nikar2

  6 Nov 07, 22:09

  yeah, got....but usually how long must i not update my bank book then they will send me the statement? 6 months?
• de_middle

  7 Nov 07, 09:08

  behind shld have a list of codes, please refer...anyway it shld be consolidated withdrawal
• Dead_Man_Inc

  7 Nov 07, 10:51

  hi nikar
• Nikar2

  7 Nov 07, 11:33

  do i know you, dead man??!
• mancha

  7 Nov 07, 11:50

  When you do not up date your bank book for sometime, it will consolidate the the entries.
  Also if you have a large number of transactions in a short period of time, the bank might mail you the details of the transactions, and consolidate the entries in the pass book.
• Dead_Man_Inc

  7 Nov 07, 12:31

  Originally posted by Nikar2:

  do i know you, dead man??!

  no, just wanna disturb
• AsTr0GiRL

  5 Dec 07, 17:27

  Originally posted by Nikar2:

  hi all,
  
  i check my POSB bank account book and there's this entry which says "CSL" right besides the date, then in the Withdrawal column, it writes $4103.61.
  
  so, it looks something like:
  
  

  code:

  Date          Deposit        Withdrawal
  24 04 07 CSL                      4103.61

  
  
  from what i know, CSL is a code that means "Consolidated" in the POSB bank account book.
  
  my question is : why does CSL appear?! i notice that it appears only on certain months and sometimes, the interval between one CSL and another us 1 year in between (like 4 April 05 and 4 April 06)!
  sometimes, the interval is only 3 months.
  
  in the above case, does it mean that i've withdrawn a total of $4103.61 since my previous CSL entry?
  
  i'm very confused and hope someone can explain.
  serious pls, and nobody hacked into my bank account..

  If i'm not wrong, CSL appears when u got more than 40 transactions not updated in a mth.. then they'll consolidate it n send u the statement.
• Darkness_hacker99

  6 Dec 07, 16:57

  Last last month, I received a letter from POSB about my account statement.
  
  3 long pages....
• Master -_-

  6 Dec 07, 16:58

  those lazy to update only