banking acronyms and abbreviations > A

AAV: Accountholder Authentication Value

AB: Accepted Bills
ABA: American Bankers Association
ABF: Asset Based Financing
ACF: Account Credit Facility
ACH: Automated Clearance House
ADB: African Development Bank
ADB: Agricultural Development Bank
ADB: Asian Development Bank
ADMS: Access Device Messaging Specification
ADX: Abu Dhabi Securities Exchange
AfDBG: African Development Bank Group
AFT: Automated Funds Transfer
AG: Accountant General
AITAB: Al-Ijarah Thumma Al-Bai
AL: Agreement to lease
ALCO: Asset Liability Committee
ALM: Asset Liability Management
AMA: Advanced Measurement Approach
AMEX: American Stock Exchange
AML: Anti-Money Laundering
AP: Agreement to purchase
ASX: Australian Securities Exchange
ATM: Automated Teller Machine
ATM: Automatic Teller Machine
AUM: Assets Under Management


banking acronyms and abbreviations > B

BA: Bankers' Acceptance
BAFIA: Banking and Financial Institution Act 1989
BBA: Bai Bithaman Ajil
BC: Banker's Cheque
BCA: Basic Current Account
BCP: business continuity plan
BDS: Branch Delivery System
BG: Bank Guarantee
BGB: Bank Guaranteed Bonds
BHC: Bank Holding Company
BIA: Basic Indicator Approach
BIA: Business Impact Analysis
BIC: Bank Identifier Code
BICOS: Bulk Issuance of Cashier's Order service
BIDS: Bonds & Information Dissemination System
BIS: Bank for International Settlements
BLR: Base Lending Rate
BNM: Bank Negara Malaysia
BPM: Bank Pertanian Malaysia
BSA: Bank Secrecy Act
BSA: Basic Savings Account
BSE: Bahrain Stock Exchange
BSE: Bombay Stock Exchange
BSN: Bank Simpanan Nasional


banking acronyms and abbreviations > C

CA: Capital allowance
CAFIB: Capital Adequacy Framework for
CAS: Capital Adequacy Standard
CASA: Current Account and Savings Acc
CCIRS: Cross Currency Interest Rate S
CCM: Companies Commission of Malaysia
CCRIS: Central Credit Reference Infor
CD: Certificate of Deposit
CDD: Customer Due Diligence
CDL: Credit Discretionary Limit
CDM: Cash Deposit Machine
CDRC: Corporate Debt Restructuring Co
CDS: Central Depository System
CF: Commodities finance
CIB: Corporate and Institutional Banking
CIB: Corporate and Investment Banking
CIF: Customer Information File
CIP: Customer Identification Program
CLS: Continuous Linked Settlement
COB: Close of Business
CP: Commercial Paper
CPI: Consumers' Price Index
CPR: Customer Profit Rate
CRM: Credit Risk Management
CRM: Customer Relationship Management
CTCS: Cheque Truncation and Conversion System
CTR: Cash Threshold Reports
CTR: Currency Transaction Report


banking acronyms and abbreviations > D

DBEP: Domestic Bills Exchange Purchased
DBEP/AP: Domestic Bills Exchange Purchased/ Authority to Purchase
DC: Documentary Credit
DD: Demand Draft
DFI: Development Financial Institutions
DFM: Dubai Financial Market
DIF: Domestic Input Financing
DNA: Darlehen Nach Aussehen
DOBI: Department of Banking and Insurance
DOF: Domestic Output Financing
DP: Discretionary Power
DP: Domestic Purchase Order
DRP: Disaster Recovery Plan
DSM: Doha Securities Market

banking acronyms and abbreviations > E

EAD: Exposure at Default
EALIS: External Assets & Liabilities Information System
EBRD: European Bank for Reconstruction and Development
ECB: European Central Bank
ECBS: European Committee for Banking Standard
ECEF: Electronic Continuing Examination Folder
ECM: Exchange Control of Malaysia
ECR: Export Credit Refinancing
ECR-i: Export Credit Refinancing Islamic
ECT: Electronic Cheque Terminal
EDI: Electronic Data Interchange
EDMS: Electronic Documents Management System
EFT: Electronic Funds Transfer
EFTPOS: Electronic Funds Transfer at the Pont Of Sale
EGX: The Egyptian Exchange
EIB: Europische Investitionsbank
EIB: European Investment Bank
EMI: European Monetary Institute
EMV: Europay, Mastercard, Visa
EPF: Employees Provident Fund
ESCB: European System of Central Bank


banking acronyms and abbreviations > F
FAST: Fully Automated System for Tendering
FATF: Financial Action Task Force
FBEP: Foreign Bills Exchange Purchased
FBEP/AP: Foreign Bills Exchange Purchase
FCA: Foreign Currency Accounts
FCS: Financing Collection System
FCY: Foreign Currency
FD: Fixed Deposit
FDD: Foreign Currency Demand Drafts
FEA: Facility Excess Application
FEC: Forward Exchange Contract
FFIEC: Federal Financial Institutions Examination Council
FICPS: Financial Institutions Corporate Profile System
FIDS: Fraud Information Database System
FIMAS: Financial Institution Message Authentication Standard
FinCEN: Financial Crimes Enforcement Network
FINS: Financial Intelligence System
FINTS: FINancial Transaction Services
FISS: Financial Information Statistical System
FMB: Financial Mediation Board
FOBC: Foreign Bills of Collection
Forex: Foreign Exchange
FOS: Financial Origination System
FPX: Financial Process Exchange
FRA: forward-rate agreement
FRR: Facility Risk Rating
FRS: Financial Reporting Standards
FSA: Financial Services Authority
FSMP: Financial Sector Master Plan
FSX: Frankfurt Stock Exchange

banking acronyms and abbreviations > G

GDP: Gross Domestic Product
GIA: General Investment Account
GLC: Government-Linked Company
GP: General Provision


banking acronyms and abbreviations > H

HBCI: Home Banking Computer Interface
HKEx: Hong Kong Exchanges and Clearing
HP: Hire Purchase


banking acronyms and abbreviations > I

IAB: Islamic Acceptance Bills
IADB: Inter-American Development Bank
IBAN: International Bank Account Number
IBG: Interbank GIRO
IBI: Islamic Banking Institutions
IBRD: International Bank for Reconstruction and Development
IBT: Interbank Transfer
IC: Inward Bill Collection
ICCS: Inward Cheque Clearing System
ICIEC: Islamic Corporation for the Insurance of Investment and Export Credit
ICP: Islamic Commercial Papers
ICULS: Irredeemable Convertible Unsecured Loan Stock
IDB: Inter-American Development Bank
IDB: Islamic Development Bank
IECR-DPO: IECR Domestic Purchase Order
IFRS: International Financial Reporting Standards
IFSB: Islamic Financial Services Board
IFX: Interactive Financial eXchange
IIB: International Islamic Bank
IIFM: International Islamic Financial Market
IIMM: Islamic Interbank Money Market
IIN: Issuer Identification Number
IIS: Interest in suspense
ILC: Inward Letter of Credit
IMB: Ijarah Muntahia Bittamleek
IOFC: International Offshore Financial Centre
IPRE: Income-producing Real Estate
IPRS: Islamic Profit Rate Swap


banking acronyms and abbreviations > K
KYC: Know-your-customer

banking acronyms and abbreviations > L

L/C: Letter of Credit
LC: Leased Contract
LCP: Local Cheque Purchase
LCS: Loan Collection System
LCY: Local Currency
LGD: Loss given default
LO: Letter of Offer
LOS: Loan Origination System


banking acronyms and abbreviations > M

MCS: Micro-Credit Scheme
MCTF: Multi Currency Trade Financing
MDB: Multilateral Development Bank
MECD: Ministry of Entrepreneur and Cooperative Development
MGIA: Mudharabah General Investment Account
MGS: Malaysian Government Securities
MIA: Months in Arrears
MICR: Magnetic Ink Character Recognition
MIGA: Multilateral Investment Guarantee Agency
MM: Money Market
MOF: Ministry of Finance
MPO: Murabahah for the Purchase Order
MRTA: Mortgage Reducing Term Assurance
MSB: Money Services Business
MSE: Muscat Stock Exchange
MTM: Mark To Market
MTN: Medium Term Notes


banking acronyms and abbreviations > N

NAB: Non-accrual basis
NASDAQ: National Association of Securities Dealers Automated Quotations
NCD: Negotiable Certificate Of Deposite
NID: Negotiable Instruments of Deposite
NIDC: Negotiable Islamic Debt Certificate
NII: Net Interest Income
NOP: Net Open Position
NPF: Non-Performing Financing
NPL: Non-Performing Loan
NSE: National Stock Exchange of India
NYSE: New York Stock Exchange
NZX: New Zealand Exchange


banking acronyms and abbreviations > O

OBS: Off Balance Sheet
OCCO: Outward Cheque Clearing Outsourcing
OCP: Outstation Cheque Purchase
OCR: Official cash rate
OD: Overdraft
OFSS: Oracle Financial Services Software
OFX: Open Financial Exchange
OOP: Overnight Open Position
OPR: Overnight Policy Rate
OTC: Over the Counter
OTS: Office of Thrift Supervision


banking acronyms and abbreviations > P

PCE: Private Commercial Enterprise
PD: Probability of Default
PDS: Private Debt Securities
PF: Performing Financing
PF: Project Finance
PIN: Personal Identification Number
PL: Promise to Lease
PMPC: Payment Multi-Purpose Card
POS: Point of Sale
PP: Promise to Purchase
PS: Pre-Shipment
PSIA: Profit Sharing Investment Account
PSR: Profit sharing ratio
PTAL: Payment Transaction Application Layer
PWOR: Purchase Without Recourse
PWR: Purchase With Recourse

banking acronym and abbreviation > Q

QIS: Quantitative Impact Study

banking acronyms and abbreviations > R

RAPM: Risk Adjusted Pricing Model
RAROC: Risk Adjusted Return on Capital
RBNZ: Reserve Bank of New Zealand
RBSF: Risk based supervision framework
RC: Receivable Charges
RC: Revolving Credit
RENTAS: Real Time Electronic Transfer of Assets & Securities
Repo: Repurchase Agreement
RM: Relationship Manager
ROE: Report of Examination
RSB: Redeemable Secured Bonds
RTGS: Real-Time Gross Settlement
RUB: Redeemable unsecured bonds
RW: Risk Weights
RWA: Risk weighted Asset
RWCAF: Risk Weighted Capital Adequacy Framework
RWCR: Risk Weighted Capital Ratio

banking acronyms and abbreviations > S

SAM: Sustainable Asset Management
SAR: Suspicious Activity Report
SBBA: Sale and buy back agreements
SBLC: Stand-By Letter of Credit
SC: Securities Commission
SCC: Smart Card Clearing
SCCL: Single customer credit limit
SEC: Securities and Exchange Commission
SEPP: Secure Electronic Payment Protocol
SET: Secure Electronic Transactions
SG: Shipping Guarantee
SGX: Singapore Exchange
SI: standing instruction
SIA: Special Investment Account
SIA: Specific Investment Accounts
SMF: Share Margin Financing
SOD: Sum of Digits
SP: Specific Provisions
SPA: Sale and Purchase Agreement
SPI: Skim Perbankan Islam
SPV: special purpose vehicle
SSC: Signature Specimen Card
SST: Self Service Terminals
STI: Short Term Investments
STR: Suspicious Transaction Report


banking acronyms and abbreviations > T

TAN: TransAction Number
TC: Travellers' Cheques
TQH: Temporary Qardhul Hasan
TSB: Trustee Savings Bank
TSE: Tokyo Stock Exchange
TSX: Toronto Stock Exchange
TSXV: TSX Venture Exchange
TT: Telegraphic Transfer
TWCF: Trade Working Capital Financing


banking acronyms and abbreviations > V

VaR: Value at Risk
Visa: Visa International Service Association


banking acronyms and abbreviations > W

WB: World Bank
WRA: Weighted Risk Assets

banking acronym and abbreviation > Z

ZBA: Zero Balance Account