What is the meaning of the EBA entries in my bank statement?| ICICI Direct

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What is the meaning of the EBA entries in my bank statement?

Bank Narration	Explanation
EBA/PrepaidBrokerag	Represents a refund of Prepaid Brokerage Plan charges. The refund is processed when a customer cancels the plan or is eligible for reimbursement under plan conditions. The date reflects when the refund was credited to the linked bank account. This entry appears in the bank account of the ICICI Bank 3-in-1 account customer. On ICICIdirect, customers can view the details under Statements & Reports → Statement of Funds → Prepaid Card Summary.
EBA/Auction BSE (Auction Charges)	Refers to auction charges applicable to trades executed on the BSE exchange under the Normal segment. A debit entry indicates penalties for short delivery plus the actual cost of shares where ICICIdirect was unable to debit shares for a sell transaction, and the exchange carried out an auction for such trades. Penalties for auction charges are debited from the bank account. This entry appears in the bank account of the ICICI Bank 3-in-1 account customer. On ICICIdirect, customers can view the details under Statements & Reports → Statement of Funds.
EBA/Auction NSE (Auction Charges)	Refers to auction charges applicable to trades executed on the NSE exchange under the Normal segment. A debit entry indicates penalties for short delivery plus the actual cost of shares where ICICIdirect was unable to debit shares for a sell transaction, and the exchange carried out an auction for such trades. Penalties for auction charges are debited from the bank account. This entry appears in the bank account of the ICICI Bank 3-in-1 account customer. On ICICIdirect, customers can view the details under Statements & Reports → Statement of Funds.
EBA/BrokerageRefund	Indicates refund of excess brokerage debited earlier to the customer’s account. This entry restores the overcharged amount to the customer’s trading ledger for 2-in-1 customers or the linked bank account for 3-in-1 customers. It also represents refunds of margin-related brokerage adjustments made after trade settlement, where brokerage is reversed due to revised calculation or trade reclassification. This entry appears in the ICICI Bank 3-in-1 account. On ICICIdirect, customers can view it under Statements & Reports → Statement of Funds.
EBA/Auction BSE (Close Out)	Represents close-out settlement for BSE trades that could not be delivered (close-out difference plus the original cost). If a customer fails to deliver the shares sold, the exchange imposes close-out charges to settle the obligation. A debit entry indicates recovery of the auction or close-out difference, while a credit entry reflects reversal or refund, if applicable. Customers can verify these details under Statements & Reports → Statement of Funds on ICICIdirect. The narration will also appear in the linked ICICI Bank 3-in-1 account statement corresponding to the transaction date.
EBA/Auction NSE (Close Out)	Represents close-out settlement for NSE trades that could not be delivered (close-out difference plus the original cost). If a customer fails to deliver the shares sold, the exchange imposes close-out charges to settle the obligation. A debit entry indicates recovery of the auction or close-out difference, while a credit entry reflects reversal or refund, if applicable. Customers can verify these details under Statements & Reports → Statement of Funds on ICICIdirect. The narration will also appear in the linked ICICI Bank 3-in-1 account statement corresponding to the transaction date.
EBA/CnT Charges	Indicates recovery of “Call and Trade” service charges levied when orders are placed through customer support instead of online platforms. Debit entries show fees charged for assisted trades. This entry appears in the bank account of the ICICI Bank 3-in-1 customer and the trading ledger of 2-in-1 customers. On ICICIdirect, details are available under Statements & Reports → Statement of Funds.
EBA/Brokerage	Represents an adjustment related to brokerage in the derivatives (F&O) segment. A debit entry indicates recovery of brokerage short-charged earlier on executed derivative trades. Conversely, a credit entry reflects correction or refund where brokerage was previously overcharged or adjusted in the client’s favour. Customers can view detailed brokerage break-ups under Statements & Reports → Brokerage Summary on ICICIdirect. The narration also appears in the linked ICICI Bank 3-in-1 account statement corresponding to the trade settlement date.
MF REDEMPTION PAYOUT	Represents credit of redemption proceeds from mutual fund units sold or redeemed by the customer. Once the fund house processes the redemption request and completes settlement, the proceeds are directly transferred to the customer’s registered bank account linked to the ICICIdirect 3-in-1 account. Customers can view transaction details under Statements & Reports → Mutual Funds → MF Transaction History. The credit entry will also reflect in the linked ICICI Bank account statement on the payout date.
EBA/STT Charges	Pertains to Securities Transaction Tax (STT) levied or adjusted on trades executed through ICICIdirect across equity, derivatives, and mutual fund segments. • STT Recovery: Represents a debit entry for collection of applicable STT on customer trades as mandated by exchanges and regulators. • STT Credited: Indicates a credit entry for reversal or refund of excess STT charged earlier, usually after reconciliation or rectification. Customers can review detailed STT break-ups under Statements & Reports → Tax Statements → STT Summary on ICICIdirect. The corresponding debit or credit entries appear in the linked ICICI Bank 3-in-1 account for the same settlement date. Though not a regular entry, STT is charged on every trade, and differences are adjusted accordingly.
EBA/TrxnCharges BSE	Represents recovery of exchange transaction charges applicable to trades executed on the BSE platform. These are statutory levies imposed by the exchange and collected by ICICIdirect on its behalf. The debit entry reflects the exact amount charged as per BSE’s prescribed rate structure, which varies by trade segment and product type (e.g., Equity Delivery, Intraday). Customers can view detailed transaction-wise breakup under Statements & Reports → Brokerage & Charges Summary on ICICIdirect. The corresponding entry also appears in the linked ICICI Bank 3-in-1 account statement on the settlement date.
EBA/SAM Pledge Chgs	Represents charges levied for the creation or release of pledges under the Shares as Margin (SAM) facility. The amount is debited to the customer’s linked ICICI Bank 3-in-1 account whenever shares are pledged or unpledged to generate or release margin limits. These charges are applicable per scrip and per transaction, as per the prevailing tariff. Customers can view detailed pledge and charge information under Statements & Reports → Pledge Report on ICICIdirect. The corresponding debit entry appears in the linked ICICI Bank account on the settlement date.
EBA/iVALUE fees	Represents deduction of subscription fees for the ICICIdirect NEO (iValue) plan. The debit entry appears when a customer subscribes to or renews the plan, as per the terms and pricing selected at the time of activation. The plan fee is automatically debited from the linked ICICI Bank 3-in-1 account. Customers can verify plan details under Statements & Reports → Prepaid & Subscription Plans → Plan Summary on ICICIdirect. The corresponding debit entry also appears in the linked ICICI Bank account statement.
EBA/Prime fees	Represents deduction of subscription fees for the ICICIdirect Prime or Prepaid Brokerage Plan. The debit entry appears when a customer subscribes to or renews the plan, as per chosen pricing and tenure. The plan fee is automatically debited from the linked ICICI Bank 3-in-1 account. Customers can view plan details under Statements & Reports → Prepaid & Subscription Plans → Plan Summary on ICICIdirect. The debit entry is also reflected in the corresponding ICICI Bank account statement.
EBA/Quarterly Settlement	Represents mandatory quarterly settlement of client funds in accordance with SEBI regulations. As per guidelines, any unused or unutilized balances lying in the client’s trading account for more than 30/90 days (depending on activity) are periodically transferred back to the linked ICICI Bank 3-in-1 account. The transfer is automated and forms part of ICICIdirect’s compliance with SEBI’s client fund settlement framework. Customers can view details under Statements & Reports → Quarterly Settlement Summary on ICICIdirect.
EBA/MTF Int 01Jan24	Represents interest charged on the outstanding funding amount under the Margin Trading Facility (MTF). The debit entry reflects applicable interest accrued based on daily margin utilization and the prevailing rate under the customer’s MTF plan. Interest is computed daily and debited periodically or monthly as per the outstanding balance. The narration in the bank statement specifies the charge date (e.g., “01Jan24”) representing the billing period. Customers can verify interest break-up under Statements & Reports → MTF Interest Statement on ICICIdirect. The same entry also appears in the linked ICICI Bank 3-in-1 account statement on the deduction date.