What Is “RECURRING PAYMENT” on My Bank Statement?

Short answer: it's Recurring/Automatic Payment charging you Varies.

⚡ Quick Answer
Charge:RECURRING PAYMENT
Service:Recurring/Automatic Payment
Amount:Varies/mo
Category:banking
Legitimate:✅ Yes (if you signed up)

Also Appears As

RECURRING DEBITRECURRING CHARGEAUTO PAYAUTOPAYAUTOMATIC PAYMENT

Why Am I Being Charged?

RECURRING PAYMENT is a bank descriptor for any automatic, scheduled payment. This is not a specific company — it's your bank's label for charges that repeat on a schedule (monthly, weekly, annually). The actual merchant name usually appears nearby in the transaction details.

Common Reasons for This Charge:

How to Cancel Recurring/Automatic Payment

Look at the full transaction description for the merchant name. Then cancel directly with that company. If you can't identify the merchant, call your bank for the full transaction details including merchant ID.

Don't Recognize This Charge?

Contact your bank with the transaction date and amount. They can look up the merchant information and help you dispute if unauthorized.

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