Acronyms and Abbreviations

The list of the acronyms and abbreviations used in this guide are as follows:

Table -2 Acronyms and Abbreviations

Acronyms and Abbreviations	Description
ACH	Automatic Clearing House
APR	Annual Percentage Rate
APY	Annual Percentage Yield
ATM	Automated Teller Machine
AUF	Advance against Uncollected Funds
BNPL	Buy Now Pay Later
CCY	Currency
CIF	Customer Identification File
EMI	Equated Monthly Instalment
EPI	External Payments Interface
FOIR	Fixed Obligation to Income Ratio
FPI	Foreign Portfolio Investment
GL	General Ledger
GST	Goods and Service Tax
HNI	High Net Worth Individual
IPA	In-Principle Approval
IRA	Individual Retirement Account
KYC	Know Your Customer
LTV	Loan to Value
NFC	Near Field Communication
OD	Over Draft
OFAC	Office of Foreign Assets Control
PIN	Postal Index Number
POI	Proof Of Identity
POS	Point Of Sale
PRS	Portfolio Reporting System
PTY	Proprietary
RPM	Red Hat Package Manager
SIN	Social Insurance Number
SLA	Service Level Agreement
SMB	Small and Medium Business
SMS	Short Message Service
SSN	Social Security Number
STP	Systematic Transfer Plan
TD	Term Deposit
TOD	Temporary Overdraft