Abbreviations

Below you will find the list of abbreviations and terms used in describing the Warrants module.

Abbreviation Description
UOD Unauthorised Overdraft
PCS A third party clearing system in operation at the bank
OD Overdraft
EQ Equation System – a third party CBS in operation at the bank
RW Regulatory Warrant
AW Authority Warrant
AB Authority Block
RS Remittance Summons
EQ Equation System, a third party CBS in operations for the bank
PCS A third party clearing system in operation at the bank
CLC Customer Level Collection

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Published on :
Thursday, October 13, 2022 3:24:14 PM IST

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