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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