PBR (Consumer Cross-Border Payment)

A PBR entry is a debit or a credit entry to or from the account of a consumer where the participants are in two different countries.

Related Terms

  • Basis Points

    Basis Points is a financial term that describes one one-hundreth of a percent (1 basis point = .0001 or .01%). Normally, the addition of basis points for...

    Learn More
  • Lockbox

    Lockbox refers to banking in which the funds are placed in a physical storage unit (such as a post office box). A bank would then visit the...

    Learn More