Is "Withdrawal POS # BUCKLE #520 5000 123 MAIN St XXXX" fraud?

Written by Caleb Martin

June 18th, 2024

Medium Risk

What is "Withdrawal POS # BUCKLE #520 5000 123 MAIN St XXXX"?

Buckle, Inc. is a retailer operating since 1948, initially starting as a men's clothing store under the name Mills Clothing in Kearney, Nebraska. The company rebranded to The Buckle in 1991. Buckle specializes in casual apparel, footwear, and accessories catering to young men and women. The product range includes a variety of jeans, tops, shoes, and accessories from both its private label and popular external brands. The company operates over 400 stores across the United States and also offers its products through an online retail platform.

Withdrawal: Type of transaction indicating money was taken out.

POS: Point of Sale transaction indicating the payment was done in person using a card.

#: Separator symbol in the transaction code.

BUCKLE: The merchant or store name where the transaction occurred.

#520: Store or location identifier.

5000: Amount of transaction formatted with no decimals (e.g., $50.00).

123 MAIN St: Address of the merchant or store location.

XXXXXXXXX: Masked digits of the card number for security purposes.

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.