Explanation of Merchant Names on Your Credit Card or Bank Statement – Example: Who is SEI?

Ever look at a charge on your credit or debit card statement and wonder “who the heck is that?” We recently became aware of a lot of people finding a charge from “SEI” on their online statement who have no idea what SEI is, who SEI is, or what SEI stands for. They understandably want to know “What is this charge?” So we decided to write up this simply explanation of merchant names on credit card statements, using the cryptic “SEI” as an example.