Is "CHECKCARD 0430 GW 299 BB LOGISTI 123 MAIN St XXXXX" fraud?

Written by Ethan Patel

June 18th, 2024

Medium Risk

What is "CHECKCARD 0430 GW 299 BB LOGISTI 123 MAIN St XXXXX"?

Bb Logisti is a logistics and supply chain management company that has been in business since 2002. The company provides a range of services including freight forwarding, warehousing, and distribution. Bb Logisti also offers various retail products such as packaging materials, pallets, and shipping containers. The company's offerings cater to clients in multiple sectors, including manufacturing, retail, and e-commerce.

CHECKCARD: Type of transaction (Check Card Purchase)

0430: Date of transaction (April 30)

GW 299: Possibly an internal or merchant reference code

BB LOGISTI: Merchant Name (BB Logistics)

123 MAIN St: Merchant Location (123 Main Street)

CKCD: Transaction type (Check Card)

5931: Merchant Category Code (MCC 5931

Retail Stores, Duty Free Stores):

XXXXXXXXXX399858: Transaction reference or authorization code

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.