Have you ever scrolled through your bank statement and come across an unfamiliar charge or transaction labeled “AEIS”? If so, you know the sinking feeling that comes with seeing that mysterious abbreviation and not knowing what it means.
Suddenly, all the other numbers and fees on the page seem to fade into the background as you focus on this one unknown item. It’s frustrating and confusing, and it can be hard to know where to turn for answers.
If you’re reading this article, chances are you’re dealing with a similar situation and are wondering “What is AEIS on my bank statement?”
What Is the AEIS Charge?
The AEIS charge on your bank statement may be related to InteliSpend Prepaid Solutions (or American Express Incentive Services), a joint venture between American Express Travel Related Services Company Inc. and Maritz Inc. that provides business-to-business reward solutions such as stored-value cards, American Express® Gift Cheques, and a web-based reward management tool.
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How AEIS Appears on a Bank Statement
The AEIS charge often appears in a credit card or bank statement as “DIRECT DEPOSIT AEIS CREDIT,” or “ACH Withdrawal / AEIS – DEBIT“. It is possible that this is a payment or deposit that has been made to your account through the AEIS electronic payment system.
If you are seeing an AEIS charge on your bank statement and are unsure of what it is for, try contacting the bank or financial institution that issued the statement for more information. They should be able to provide you information about the charge and any fees or transactions that it may be related to.
If you believe that the charge is incorrect or unauthorized, you should also contact your bank to report the issue and request a refund or correction as necessary.
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Handling the AEIS Bank Charge
If you are seeing an AEIS charge on your bank statement and are unsure of what it is for, there are a few steps you can take to try to understand the charge and resolve any issues:
- Contact your bank or financial institution
- Check your account activity
- Review your receipts and documents
- Check for unauthorized transactions
- Disputing the AEIS charge
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