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… Bill payments to businesses that include data related to that … Number (CCIN) for credit to a corporation. Includes bill payments initiated via telephone and Internet banking and may include some paper-based bill payment remittances converted to EDI format by financial …
… A three digit number, assigned by Payments Canada, which can be used on payment items to identify a member financial institution or other institution listed in Appendix I of Rule D4. … Institution number …
… (FES), the federal government committed to amendments of the Canadian Payments Act (CP Act). This is tremendous news for the … Gazette publication, and those things can be a little unpredictable in terms of the timing, particularly if there's …
… A payment item drawn by a bank against its own account … Bank …
… The financial Institution that holds the account of the payee (person receiving a payment). … Payee's financial institution (FI) …
… The financial institution that holds the account of the payor (person making a payment). … Payor's financial institution (FI) …
… The failure of the payments ecosystem to ultimately settle on the books of the central bank. … Systemic risk …
… A disruption to the payments ecosystem large enough to have a noticeable impact …