-
POS (Point-of-Sale)
A one time debit entry to the account of a receiver where the entry is initiated at an electronic terminal. POS transactions are generally initiated with a...
Learn More
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
-
Settlement Date
The date an exchange of funds will be reflected on the books of the Federal Reserve Bank.
Learn More