The Monito Glossary
Welcome to The Monito Glossary, an in-depth repository of definitions and explanations on all things related to cross-border payments.
On this page, you'll find links to all Glossary pages published so far on Monito, broken down into alphabetical order.
A
Automated Clearing House (ACH)
Australian Securities and Investments Commission (ASIC)
B
Bank Verification Number (BVN)
Bank Identification Code (BIC)
Bulk Electronic Clearing System (BECS)
C
Clearing House Automated Payments System (CHAPS)
D
E
Electronic Funds Transfer (EFT)
F
Federal Deposit Insurance Corporation (FDIC)
Financial Conduct Authority (FCA)
Financial Crimes Enforcement Network (FinCEN)
Financial Intelligence Unit (AUSTRAC)
H
Her Majesty's Revenue and Customs (HMRC)
I
International Card Transaction Fee
L
M
Multifactor Authentication (MFA)
N
Nigerian Uniform Bank Account Number (NUBAN)
P
R
Regulation Licensing and Jurisdiction
S
Sending Airtime Internationally
Single Euro Payments Area (SEPA)
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
T
U
Unified Payments Interface (UPI)
Unstructured Supplementary Service Data (USSD)
W
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