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.

He had finally tracked the money—three months of hard-earned savings that had vanished from his checking account. But the transaction description was gibberish: .

A purchase made in person using your TD Debit Card, usually requiring a PIN or signature.

Marcus frowned. “That’s the bank’s internal adjustment. We tried to claw the money back. The code means the request was sent, but the receiving bank ghosted us.”

In simple terms, , rather than a transaction made with your physical debit card at a machine or store. Common Scenarios for "WPS" Transactions:

If a merchant name is listed (e.g., "WPS - SUB*1234"), try to look up that company.

"Isabel," he whispered.

This appears when TD Bank corrects an error. For example, if a merchant double-charges you and the bank reverses it, you’ll see ADJ .

What to Do If You See a "WPS" Transaction You Don’t Recognize

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.

Government of Canada (e.g., tax refunds or benefit payments) Point of Sale (Debit card purchase at a merchant) SC Service Charge or Monthly Account Fee

By mastering these codes, you take control of your financial story—one statement line at a time.

TD Bank uses a proprietary system of transaction codes to categorize every movement of money into or out of your account. Instead of writing out "Point of Sale Debit" or "Automated Clearing House Credit," the bank uses short alphanumeric codes to save space on statements and speed up electronic processing.

"Sir, this WPS transaction was initiated at a branch in downtown Toronto," Sarah said slowly. "But the account it was sent to... it matches your joint account history."

On a TD Bank statement, typically stands for Web Processing System or Web Payment Service .