Marcus stared at the PDF on his laptop, the numbers and abbreviations swimming like distant stars. He had just started his first job after college at a small IT firm and was trying to reconcile his bank statement. The line that kept catching his eye read: WPS — 03APR — PAYROLL.
Whether you're a personal user tracking your spending or a business owner analyzing expenses, here’s how to get the most out of your TD Bank statements using WPS Office:
“That makes sense,” Marcus replied. “But why does my statement just say WPS and not the company name?” td bank statement codes wps
For most personal and small business accounts, WPS stands for . This code indicates that a wire transfer was initiated from your account. Wire transfers are electronic funds transfers that move money directly from one bank to another, typically used for:
Bank statements are generally designed in a clear, linear format. Let's break down the key sections of a sample of a TD Bank CAD Business Chequing Account statement【11†L5-L52】: Marcus stared at the PDF on his laptop,
You can copy this into for easy lookup.
On a TD Bank statement, the code typically refers to a Wire Payment Service or is associated with Wire Transfer transactions . Common Meanings for WPS Whether you're a personal user tracking your spending
Interest Earned (A credit payment on interest-bearing accounts) Overdraft (Occurs when an account balance dips below zero) POS
This serves as acceptable evidence of wage disbursement for IRS and CRA purposes.
This article is for informational purposes only and does not constitute official TD Bank policy. Transaction codes and fees are subject to change. Always refer to your account agreement or contact TD Bank directly for definitive interpretations of statement codes.
Valid Payment Types: Credit or Debit | Description: 200 Payroll Deposit. Government Use Only - 300 Federal Government Wages Protection System (WPS) - QIB