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B
Backup Centre
Bank (Credit and financial institution)
Bank card
Bank draft
Bank Identifier Code (BIC)
Bank Processing Centre
Bank transaction code
Banking working day
Basic Bank Account Number (BBAN)
Batch data capture
Batching criteria
Beneficiary
Bilateral netting
Biometric
Bloc cipher algorithm
Block ciphering
Bulk funds transfer system
Or Retail funds transfer system

Bulk funds transfer system
Or Retail funds transfer system


A funds transfer system which handles a large volume of payments of relatively low value in such forms as cheques, credit transfers, direct debits, ATM and EFTPOS transactions.