Is "BUSINESS TO BUSINESS ACH ABCWUA Water Aut WEB PAY " fraud?

Written by Piper Hall

June 18th, 2024

Medium Risk

What is "BUSINESS TO BUSINESS ACH ABCWUA Water Aut WEB PAY "?

Abcwua Water Aut has been in business for over a decade. The company specializes in a range of water treatment and purification products. Their product lineup includes water filters, purifiers, softeners, and desalination systems. They also offer maintenance and repair services for water treatment equipment. The company caters to both residential and commercial sectors. They have a distribution network that spans multiple regions, ensuring accessibility for their clientele.

BUSINESS TO BUSINESS ACH: Type of transaction, indicating an Automated Clearing House payment between businesses

ABCWUA: Payee or entity receiving the payment (Albuquerque Bernalillo County Water Utility Authority)

Water Aut: Description or specific area pertaining to the service or product

WEB PAY: Payment method, indicating an online payment

230217: Transaction date, formatted as YYMMDD (February 17, 2023)

5672032091: Unique transaction reference number or identifier

ABCWUA: Repetition of the payee or entity receiving the payment

Verify if this transaction is fraud in 30 seconds

Verify With Receipt

The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.

Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.

STEP 1

Connect your Email

Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.

STEP 2

Connect Your Bank

Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.

STEP 3

Reconcile

Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.