SEPA Links

Acronym	Explanation	Relevant Web-Link(s) or definition
ACH	Automated Clearing House	http://en.wikipedia.org/wiki/Automated_clearing_ house
AOS	Additional Optional Services	http://www.picosearch.com/cgi-bin/ts.pl?index=422055&opt=EXACT&query=aos
ASI	Ancillary System Interface
B2B	Business to Business
B2C	Business to Customer
BIC	Bank Identifier Code	www.swift.com (eg. BOTK DE DX XXX BOTK=BankCode, DE=CountryCode, DX=LocationCode(X= X-borderconnection), XXX=BranchCode)
BUBA	Deutsche Bundesbank	http://www.bundesbank.de/zahlungsverkehr/zahlungsverkehr.en.php
CSM	Clearing and Settlement Mechanism	Verrechnungsmechanismus
EBA/ABE	Euro Banking Association EBA Portal	http://www.ebaclearing.eu/ http://www.ebaportal.eu/ http://en.wikipedia.org/wiki/Euro_Banking_ Association
EEA	European Economic Area	Europäischer Wirtschaftsraum
EC	European Commission	http://europa.eu/pol/emu/index_en.htm
ECB	European Central Bank	http://www.ecb.de/home/html/index.en.html
Eob	End of business day	Tagesende
EPC	European Payments Council	http://www.europeanpaymentscouncil.eu/ index.cfm
FBE	Federation Bancaire Europeenne	http://www.fbe.be/Content/Default.asp?
ICM	Information and Control Module	http://www.bundesbank.de/download/zahlungsverkehr/sibos_icm_as.pdf
IBAN	International Bank Account Number	http://www.iban.de/
ISO 20022	International Organization for Standardization ISO 20022 UNIversal Financial Industry message scheme	www.iso20022.org
MRI	Mandate Related Information	Mandantenrelevante Information
PE-ACH	PanEuropean Automated Clearing House	http://www.europeanpaymentscouncil.eu/knowledge_bank_detail.cfm?documents_id=54
SCT	SEPA Credit Transfer	http://www.europeanpaymentscouncil.eu/documents/EPC125_05 ECT RB v2.3 Approved.pdf
SDD	SEPA Direct Debit	http://www.europeanpaymentscouncil.eu/knowledge_bank_list.cfm? documents_category=1
SEPA	Single Euro Payments Area	www.sepa.eu
STP	Straight Through Processing	http://en.wikipedia.org/wiki/Straight_Through_Processing
S.W.I.F.T.	Society for Wordwide Interbank Financial Telecommunication	www.swift.com
PSD	Payment Services Directive	http://ec.europa.eu/internal_market/payments/framework/index_en.htm
TARGET2	Trans-European Automated Real-time Gross settlement Express Transfer system	http://www.ecb.eu/paym/t2/html/index.en.html
T2	TARGET2	Hochbetragsclearingsystem der Europäischen Zentralbank
UCI	Unique Creditor Identifier	http://www.bundesbank.de/download/zahlungsverkehr/sepatest/sepa_beschreibung_glaeubiger_id_nr.pdf http://www.bundesbank.de/zahlungsverkehr/zahlungsverkehr_sepa_identifikation.en.php
VPN	Virtual Private netowork	http://en.wikipedia.org/wiki/Vpn
XML	Extensible Markup language	http://en.wikipedia.org/wiki/XML_Schema_(W3C)