Regionalized Solutions
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Abbreviations

Below you will find the list of abbreviations and terms used in describing the Structured Financial Message System (SFMS) module.

Abbreviation Description

SFMS

Structured Financial Messaging System

NEFT

National Electronic Funds Transfer

RTGS Real Time Gross Settlement
LC Letter of Credit
BG Bank Guarantee
SWIFT Society for Worldwide Interbank Financial Telecommunication
IFN Indian Financial Number
PSB Payments System Board

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Published on :
Monday, May 27, 2024 10:15:18 PM IST