Is "BALTIMORE GAS AN BILLPAY PPD ID: 0000000160" fraud?

Written by Gavin Brooks

June 18th, 2024

Medium Risk

What is "BALTIMORE GAS AN BILLPAY PPD ID: 0000000160"?

Baltimore Gas and Electric Company (BGE) has been in business since its founding in 1816. BGE provides utility services including electricity and natural gas to residential and commercial customers. The company operates in central Maryland, including the city of Baltimore and surrounding counties. BGE's service offerings also include energy efficiency programs and solutions for its customer base. As a subsidiary of Exelon Corporation, BGE is part of a larger network of utility companies.

BALTIMORE GAS: The name of the utility company

AN: Could signify an abbreviation or part of the company name (often ignored)

BILLPAY: Indicates that the transaction is for bill payment

PPD: Prearranged Payment and Deposit entry, a standard ACH transaction type

ID: Identifier for the transaction

0000000160: Unique transaction or company identifier (PPD ID)

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.