Seen “BFCB” on your bank statement and not sure what it means? BFCB typically stands for Bank First Credit Bureau or refers to a transaction processed through Bank First financial services. It may also appear as a direct debit, loan payment, or credit-related charge.
What Does BFCB Mean on Your Statement?
BFCB on your bank statement usually refers to a payment connected to Bank First, a financial institution, or a credit bureau-related transaction. This could be a loan repayment, credit product fee, or financial service charge.
The abbreviation appears when your bank shortens the full company name to fit the statement description. BFCB is a legitimate financial reference—not a sign of fraud.
Common Reasons BFCB Appears on Your Statement
| Reason | What It Means |
|---|---|
| Loan repayment | Monthly payment to a Bank First loan product |
| Credit card payment | Payment processed through Bank First services |
| Direct debit | Recurring payment set up with a BFCB-linked account |
| Credit bureau fee | Charge related to credit monitoring or reporting |
| Financial service | Fee from a Bank First affiliated product |
How BFCB May Appear on UK Bank Statements
| Statement Description | Likely Meaning |
|---|---|
| BFCB | Bank First Credit Bureau payment |
| BFCB D/D | Direct debit to Bank First |
| BFCB LOAN | Loan repayment |
| BFCB PAYMENT | General payment to Bank First |
| BFCB CREDIT | Credit product charge |
Why You Might See BFCB
You’ll typically see BFCB if you have:
- A personal loan with Bank First or an affiliated lender
- A credit card processed through Bank First services
- A direct debit set up for a financial product
- A credit monitoring or credit builder service
- A buy now, pay later arrangement through a BFCB partner
How to Identify a BFCB Charge
Not sure what the charge is for? Here’s how to find out:
- Check the amount — Does it match a loan or credit payment you expect?
- Review your direct debits — Log into your bank and check active direct debits
- Search your emails — Look for correspondence from Bank First or credit services
- Check loan agreements — Review any credit products you’ve signed up for
- Contact your bank — Ask for the full merchant details behind the BFCB code
Is BFCB a Legitimate Charge?
Yes, BFCB is a legitimate financial services reference. It’s commonly associated with:
- Bank First financial products
- Credit bureau services
- Loan and credit repayments
However, contact your bank if you:
- Never signed up for a loan or credit product
- Don’t recognise the amount being debited
- See unexpected or duplicate BFCB charges
UK banking regulations allow you to dispute unauthorised direct debits and claim refunds through the Direct Debit Guarantee.
BFCB vs Other Common Bank Statement Codes
| Code | What It Means |
|---|---|
| BFCB | Bank First Credit Bureau |
| D/D | Direct Debit |
| S/O | Standing Order |
| BGC | Bank Giro Credit |
| FPO | Faster Payment Out |
| TFR | Transfer |
| POS | Point of Sale (card payment) |
What to Do If You Don’t Recognise BFCB
- Check your direct debits in online banking
- Review any loan or credit agreements you’ve signed
- Search emails for Bank First or credit service correspondence
- Contact your bank for full transaction details
- Cancel the direct debit if unauthorised (your bank can help)
- Request a refund under the Direct Debit Guarantee if needed
Track Your Bank Statement Codes
Bank statements are full of abbreviations like BFCB, D/D, and POS that can be confusing. Converting your statements to Excel format makes it easier to search, filter, and understand where your money is going.
yourbankstatementconverter.com transforms PDF bank statements into organised spreadsheets—helping you track charges and spot anything unfamiliar.
Frequently Asked Questions
Is BFCB a scam?
No. BFCB is a legitimate abbreviation for Bank First Credit Bureau or related financial services. However, always verify charges you don’t recognise with your bank.
Can I cancel a BFCB direct debit?
Yes. Contact your bank to cancel any direct debit. If the charge was unauthorised, you can claim a refund under the Direct Debit Guarantee.
Why don’t I remember signing up for BFCB?
You may have signed up for a credit product, loan, or financial service that processes payments through Bank First. Check your emails and paperwork for any agreements.
How do I contact BFCB about a charge?
Search for “Bank First” or the specific product name in your records. Your loan agreement or credit product documentation will have contact details.
What if BFCB is taking money I didn’t authorise?
Contact your bank immediately. Cancel the direct debit and request a refund. UK banks must refund unauthorised direct debits under the Direct Debit Guarantee.
