• A

  • ABA
    American Bankers Association.
  • ACH
    Automated Clearing House service.
  • alert event
    The grouping of alerts at the trigger level. Alert events will be grouped by an alert type. One alert event can be mapped to one or more trigger in the interfacing application.
  • available balance
    The portion of the commercial account ledger balance against what the bank normally limits the account holder to draw. Ledger Balance – Float = Available Balance. This balance is also referred to as good funds, immediately available funds, or usable funds. Frequently, the term “Collected Balance” is used to describe “Available Balance”.

  • B

  • BAI
    Bank Administration Institute Balance Reporting Specifications Version 2. A BAI (Bank Administration Institute) file contains comma separated data.
  • BIC
    The bank identifier code that SWIFT uses to identify a particular bank.

  • C

  • CARDS
    Credit Card Account.
  • credit account
    Any of the following types of accounts: Credit Card (CARDS), Line of Credit (LOC), Loan (LOAN).
  • CSV
    Comma-separated values.

  • D

  • DDA
    Demand Deposit Account.
  • deposit account
    Any of the following types of accounts: DDA (Demand Depost Account), DXA (Data Exchange Account), FCA (Foreign Currency Account).
  • DLC
    DirectLine Canada.
  • DLU
    DirectLine US.
  • DXA
    Data Exchange Account.

  • E

  • EFT
    Electronic Funds Transfer service.
  • ERD
    Electronic Reports Delivery service.

  • F

  • FACS
    FirstBank Automated Clearing System.
  • FBPS
    FirstBank Bill Payment.
  • FCA
    Foreign Currency Account.
  • FTF
    File Transfer Facility service.

  • I

  • investment account
    Canadian investment account at BMO.

  • L

  • LOC
    Line of Credit Account.

  • O

  • OFX
    Open Financial Exchange, a unified specification for the electronic exchange of financial data between financial institutions, businesses, and consumers via the Internet.

  • P

  • PIN
    Personal Identification Number. A secret password shared between a user and the bank that can authenticate the user to the bank.

  • S

  • SWIFT
    The Society of Worldwide Interbank Financial Telecommunications is an international organization that issues messaging standards and provides message delivery services to financial institutions around the world.

  • T

  • TMA
    Treasury Management Association.

  • U

  • UEN
    Universal Entity Number. This identifies a company across the bank enterprise.