Seeing an E FONDS charge on your statement?
Common ways E FONDS charges might appear on your statement
- E FONDS
- E-FONDS
- E FONDS CASH ADVANCE
- AVANCE D’E FONDS
- E FONDS LOAN PAYMENT
- E FONDS DEPOSIT
- E FONDS WITHDRAWAL
What is E Fonds?
E Fonds (often appearing as AVANCE D’E FONDS) refers to a cash advance or short-term lending service that provides instant funds through direct deposit or debit transactions. These transactions may be associated with Canadian or French-language financial institutions, as “avance de fonds” translates to “cash advance.” The descriptor “E FONDS” or “E-FONDS” appears on billing statements for loan disbursements, repayments, or associated service fees. Learn more at your lending institution’s official website.
Common causes for E Fonds charges
- Cash advance or short-term loan deposits made into your account.
- Repayment or withdrawal for a previously issued cash advance.
- Service or processing fees tied to loan disbursements.
- Refunds or reversals related to canceled or adjusted loan payments.
Decoding E Fonds charge tags
- E FONDS / E-FONDS identify the transaction as related to a financial or cash advance service.
- AVANCE D’E FONDS is French for “cash advance,” typically used by Canadian financial processors.
- CASH ADVANCE / LOAN PAYMENT specify whether funds were received or repaid.
- DEPOSIT / WITHDRAWAL indicate the transaction direction (incoming or outgoing).
- SERVICE FEE may appear for administrative or transfer charges.
