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

  • Automated Teller Machine (ATM)

    An automated teller machine (ATM) is a device that allows for the withdrawal of cash without the need of a human teller or cashier.

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  • BOC (Back Office Conversion)

    A BOC entry is a one time debit entry to the account of a receiver whom has, at the point of purchase, been notified that their check...

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