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What is hold rel mem cr? To begin with, lets debunk the term. Hold mem cr, a banking jargon, stands for hold restituted member credit.
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This term typically appears in your bank statement, particularly chase bank, when theres a pending credit on your account. The term hold rel mem cr stands for hold relinquished member credit. It is a temporary hold on your deposit funds that chase bank specifically uses. It indicates a pending credit to your account.
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The status directly relates to a large deposit. Hold rel mem cr what does it mean? Its a temporary delay on your deposited funds that stands for hold relinquished member credit. It has also been referred to as hold released member credit. The prior status to this may be hold memo debit or simply hold.
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