If you have seen your bank statement then you will have across a charge labelled as “FID BKG SVC LLC MONEYLINE” charge on your bank statement, don’t worry you are not alone who does not know about it.
In this article we will find about how this charge named “FID BKG SVC LLC MONEYLINE” appear on your bank statement, purpose of this charge and how to handle unauthorized charges appearing on your bank statement.
What is the FID BKG SVC LLC Moneyline charge?
The FID BKG SVC LLC Moneyline charge generally appears on your bank statement when you have transactions with Fidelity Investments Brokerage Services, a major player in the financial services industry.
“FID BKG SVC LLC Moneyline” charge appearing on your bank statement means there was an electronic transfer where money went out from your bank account or credit card for using Fidelity’s services.

You can also read about a similar charge labelled as SP AFF* Charge on your bank statement.
What is Fidelity Investments?
Fidelity Investments is a powerhouse in the financial services sector. The company is a financial services corporation based in Boston, Massachusetts, and serves more than 40 million individual investors, nearly 23,000 businesses and about 3,600 advisory firms. The company manages over $10 trillion in assets.
“Fidelity offers various financial services, including asset management, personal investing, retirement planning, and more. Understanding Fidelity’s operations and services is crucial for deciphering charges associated with them.
Understanding FID BKG SVC LLC Charges
The “FID BKG SVC LLC” prefix on your bank statement shows that the charge is associated with Fidelity Investments Brokerage Services.
Common Types of FID BKG SVC LLC Charges
- Moneyline Transfers: These charges occur as a result of money transfer to or from your Fidelity account using the MoneyLine service.
- Market Sweep: these Charges are associated with automatic transfer of funds between different accounts or investment vehicles.
- Cash Redemption: Fees for converting investments into cash.
- Account Contributions: these Transactions are associated with retirement accounts such as IRAs, Roth IRAs, or other investment accounts.
- Advisory Fees: Charges for financial advisory services provided by Fidelity.
- Service Fees: these are General account maintenance fees or service charges.
- Trade Charges: this is the Fees associated with executing trades in your brokerage account.
Examples of FID BKG SVC LLC charge appearing on bank statement
- FID BKG SVC LLC
- FID BKG SVC
- FID BKG SVC LLC MONEYLINE
- FID BKG SVC LLC MONEYLINE ONLY
- FID BKG SVC LLC MNY MKT SWEEP
- FID BKG SVC LLC NMM MKT SWEEP
- FID BKG SVC LLC CASH REDEMPTION
- FID BKG SVC LLC DRIP PURCHASE
- FID BKG SVC LLC CONTR TO IRA
- FID BKG SVC LLC CONTR TO ROTH
- FID BKG SVC LLC CONTR TO BROK
- FID BKG SVC LLC CONTR TO CESA
- FID BKG SVC LLC CONTR TO UTMA
- FID BKG SVC LLC CONTR TO 529
- FID BKG SVC LLC CONTRIBUTION
- FID BKG SVC LLC ROTH CONTRIBUTES
- FID BKG SVC LLC TRANS IN ACCT
- FID BKG SVC LLC TRANSFER TO
- FID BKG SVC LLC DISTRIBUTION
- FID BKG SVC LLC RMD PAYMENT
- FID BKG SVC LLC ELECTRONIC
- FID BKG SVC LLC WITHDRAWAL
- FID BKG SVC LLC TRADE CHARGE
- FID BKG SVC LLC TRANS-FEE
- FID BKG SVC LLC SERVICE FEE
- FID BKG SVC LLC ADVISORY FEE
- FID BKG SVC LLC INTEREST PAYMENT
- FID BKG SVC LLC DIVIDEND PAYMENT
- FID BKG SVC LLC DIV REINVEST
- FID BKG SVC LLC BOND INTEREST
- FID BKG SVC LLC EXPENSE RATIO
- FID BKG SVC LLC ANNUITY FEE
- FID BKG SVC LLC CUSTODY FEE
- FID BKG SVC LLC CHECK CHARGE
- FID BKG SVC LLC WIRE TRANSFER
- FID BKG SVC LLC EFT PAYMENT
- FID BKG SVC LLC ACH PAYMENT
- FID BKG SVC LLC ATM WITHDRAWAL
- FID BKG SVC LLC FOREIGN TRANS
- FID BKG SVC LLC FDIC INSURED
- FID BKG SVC LLC SECURITIES
Unauthorized FID BKG SVC LLC charge
If you have discovered unauthorized FID BKG SVC LLC Moneyline charges on your bank statement or credit card. It is essential to quickly stop the FID BKG SVC LLC charge on your bank statement. This can done by following the below mentioned steps
Contact Your Bank
Contact your bank customer service and report them of the unrecognized charge. explain them your concern and provide all information to them.
Dispute the Charge
If the charge is unauthorized, immediately dispute them with your bank. Your bank will investigate the charge and take necessary actions to protect your account.
Monitor Your Account
Frequently check your account to prevent any further unauthorized charges
Contact Fidelity
Contact fidelity and alert them of the possible fraudulent activity. They can provide you additional information that can help you in disputing the unauthorized charges.
Conclusion
The “FID BKG SVC LLC Moneyline” charge on your bank statement may indicate transactions with Fidelity Investments. Understanding the “FID BKG SVC LLC Moneyline” charge on your bank statement is essential for effective financial management and protecting yourself from potential fraud. Review your bank and Fidelity statements to verify the charge. If legitimate, it’s likely related to investment activities. However, if the charge is unfamiliar or you don’t have a Fidelity account, it’s important to take immediate action by contacting your bank to dispute the charge and protect your account from unauthorized transactions.