Terms with Tag Settlement

  • Payment, Clearing and Settlement System (PCSS)Acronym, Canada,
    • Pre-authorized Debit (PAD) Acronym, Important,
      • A way to set up a monthly payment to be automatically paid from a bank account.
      A PAD Agreement allows a payee to direct debit the bank account of a payor.
    • Society for Worldwide Interbank Financial Telecommunication (SWIFT) Company,
      • Global data processing system used by banks.
    • Stakeholder Advisory Council (SAC)Acronym,
      • US Bulk Exchange (USBE)Acronym,
        • Variable Direct Debit (VDD)Acronym,
          2.
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