Plicsbd Insurance Claim On Bank Statement Patched !!top!! · Latest
: Check if the policy number in the remarks column matches your actual insurance documents.
| Action | Status | |--------|--------| | Blacklist merchant ID “PLICSBD” | ✅ Done | | Add real-time MCC 6300 (insurance) validation rule | ✅ Done | | Reverse all unauthorized debits for affected customers | ✅ Done | | Require explicit consent for first-time insurance claim debits | ✅ Done | | Notify affected accountholders | Partial | plicsbd insurance claim on bank statement patched
"PLICSBD" typically stands for
: In banking software terms, a "patch" refers to a fix applied to a system error. If a claim was double-debited or a premium was charged in error, "patched" indicates the bank has reconciled the ledger to reflect the correct balance. Common Issues & Resolutions : Check if the policy number in the