2.3 Abbreviations

Table 2-1 Abbreviations

Abbreviation Description
ACH Automated Clearing House
API Application Programming Interface
BIC Bank Identifier Code
CHIPS Clearing House Interbank Payments System
CNAPS China National Advanced Payments System
FC Core Oracle FLEXCUBE Core Banking
FI Financial Institution
GL General Ledger
IBAN International Bank Account Number
IMPS Immediate Payment Service
ISO International Standards Organization
MIS Management Information System
NACHA National Automated Clearing House Association
NACH National Automated Clearing House
NEFT National Electronic Funds Transfer
OBDX Oracle Banking Digital Experience
OBMA Oracle Banking Microservices Architecture
OBVAM Oracle Banking Virtual Account Management
ODT Open Development Tool
REST Representational State Transfer
RTGS Real Time Gross Settlement
SEPA Single Euro Payments Area
SOAP Simple Object Access Protocol
SWIFT CBPRPlus SWIFT Cross-border Payments and Reporting
SWIFT gpi SWIFT global payments innovation
SWIFT Society for Worldwide Interbank Financial Telecommunication
TARGET2 Trans-European Automated Real-time Gross Settlement Express Transfer System
UETR Unique End-to-End Transaction
UPI Unified Payments Interface
XML Extensible Markup Language
XSD XML Schema Definition