What do the following letters DWP XB appearing on a bank statement relating to State Pensions?

Question by BillyBoy: What do the following letters DWP XB appearing on a bank statement relating to State Pensions?
On a recent bank statement I noticed a payment was lodged at my bank. It showed £x followed by the letters DWPXB. What do these letters mean, please

Best answer:

Answer by M1
department for work and pensions is the dwp bit the other part is the payment band i think,

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