Is "GPC DES:GPC EFT ID:XXXXX15030RSW INDN:JOHN DOE CO" fraud?

Written by Gavin Brooks

June 18th, 2024

Medium Risk

What is "GPC DES:GPC EFT ID:XXXXX15030RSW INDN:JOHN DOE CO"?

Genuine Parts Company (GPC) has been in business since 1928. The company is a distributor of automotive and industrial replacement parts. It serves various markets including automotive, industrial, and office products segments. GPC offers a wide range of products including automotive parts, industrial components, office supplies, and electrical materials. The company operates globally with subsidiaries and a network of distribution centers.

GPC: Global Payments Corporation

DES: Transaction Description

GPC EFT: Global Payments Corporation Electronic Funds Transfer

ID: XXXXX15030RSW

INDN: JOHN DOE

CO ID: XXXXX57110

PPD: Prearranged Payment and Deposit (Standard entry class 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.