Abbreviations

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