What does tfl mfm stand for in the context of bank statements?

Seeing ‘TFL MFM’ on a bank statement indicates a ticket bought for the London underground metro. ‘TFL’ stands for ‘Transport for London’. ‘MFM’ is the acronym for ‘Multi Fare Machine’. There are also ticket vending machines (TVM), Few Fare Machines (FFM), Ticket Office Machines (TOM), Queue Buster Machines (QBM), and Advance Fare Machines (AFM).
Updated on Saturday, February 04 2012 at 03:46PM GMT