The Glossary of The Terms
Terms, acronymes and abbreviations opened up.
| Term | Explanation |
|---|---|
| ACH | Automated Clearing House |
| AOS | Additional Optional Service |
| BAI | Account Statement Standard in North America |
| BBAN | Basic Bank Account Number |
| BIC | Bank Identifier Code |
| C2B | Corporate to Bank |
| CEFACT | United Nations Centre for Trade Facilitation and Electronic Business |
| CT | Credit Transfer |
| DUNS | Data Universal Numbering System |
| EANGLN | European Association for Numbering Global Location Number |
| EBA | European Banking Association |
| EBA | European Banking Authority |
| EPC | European Payments Council |
| ePI | electronic Payment Initiator |
| ERP | Enterprise Resource Planning |
| FATF | Financial Action Task Force |
| IBAN | International Bank Account Number |
| IBEI | International Business Entity Identifier |
| IG | Implementation guide |
| ISO | International Organization for Standardization |
| LEI | Legal Entity Identifier. It is a globally unique alphanumeric reference based on the ISO 17442 standard assigned to a legal entity and maintained by GLEIF |
| MDR | Message Definition Report |
| MIG | Message Implementation Guide |
| MT (e.g. MT 101) | Message Type |
| PEPPOL | International einvoice standard |
| PAIN(e.g. pain.001) | Payments Initiation ISO20022 |
| PSR | Payment Status Report |
| SCORE | Standardised Corporate Environment (administered by SWIFT) |
| SCT | SEPA Credit Transfer |
| SDD | SEPA Direct Debit |
| SCC | SEPA Credit Card |
| SEPA | Single Euro Payments Area |
| TARGET Services | Financial market infrastructure services developed and operated by the Eurosystem which ensure the free flow of cash, securities and collateral across Europe. T2, T2S, TIPS ECMS |
| UNECE | United Nations Economic Comission for Europe |