POS (Point of Sale)ACHWEB (Online bill pay)TEL (Telephone initiated)PMT (Payment)CK (Check)XFER (Transfer)WPS. Leon had seen that code before. On his statements, buried in the fine print next to client deposits. It stood for Wire Payment Sent—or so he’d thought. Sometimes it was "Wholesale Payment System." Now the bank was saying it was a credit pending? That didn’t make sense. WPS was usually money leaving his account, not arriving.
"Sir, TD statement codes can be tricky," Sarah said, her voice dropping to a professional hush. "‘WPS’ in our system usually stands for . It’s typically used for high-volume business transfers, not personal accounts. It shouldn't appear on a standard consumer statement unless..." td bank statement codes wps