BIC
The BIC (Bank Identifier Code) is used to identify a financial institution in any international financial transaction. Each financial institution has its own BIC.
Related definitions
Bank statement
A bank statement summarizes the activity of a bank account. It lists all the banking operations carried out on the
Transaction date
La date d’opération correspond à la date du jour d’enregistrement comptable de l’opération par la banque.
Forecast statement
The forecast statement is a table listing the company’s forthcoming financial transactions each month.
STP (Straight Through Processing)
Straight-through processing (STP) is an automated transaction processing process that uses only electronic transfers, with no manual intervention, …
API (Application Programming Interface)
An API is a programming interface that enables different applications to communicate with each other and exchange data.