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

  • AAP

    An accredited ACH professional certified by the National Automated Clearing House Association (NACHA).

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  • EFT (Electronic Funds Transfer)

    The electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.

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