ATM
Automated Teller Machine

ACH
Automated Clearing House

AML
Anti-Money Laundering

APR
Annual Percentage Rate

APY
Annual Percentage Yield

BIC
Bank Identifier Code

BPS
Basis Points

CD
Certificate of Deposit

CPI
Consumer Price Index

CRR
Cash Reserve Ratio

CVV
Card Verification Value

EMI
Equated Monthly Installment

FD
Fixed Deposit

FICO
Fair Isaac Corporation (credit score model)

GDP
Gross Domestic Product

IBAN
International Bank Account Number

IMPS
Immediate Payment Service

IPO
Initial Public Offering

KYC
Know Your Customer

MICR
Magnetic Ink Character Recognition

MCLR
Marginal Cost of Funds-Based Lending Rate

NEFT
National Electronic Funds Transfer

NPA
Non-Performing Asset

NSF
Non-Sufficient Funds

OTC
Over The Counter

OTP
One-Time Password

PIN
Personal Identification Number

POS
Point of Sale

RTGS
Real Time Gross Settlement

SWIFT
Society for Worldwide Interbank Financial Telecommunication