banking definition dda
A debit is a subtraction and DDA means checking account. You should contact your bank directly for information about exactly WHY your account was debited, but here are some possible reasons: - You requested a transfer to another account from your checking account, and a DDA debit form was used to complete the transfer. - You are overdrafted on another account or owe the bank money and they have recollected their loss by debiting your checking account.