See below the glossary index:

0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A

ABA - American Bankers Association
An ABA number (also known as routing number or routing transfer number) is a sequence of nine numeric characters used by banks to identify specific financial institutions within the United States.

ACH - Automated Clearing House
This payment type is UW's preferred method for domestic electronic transactions.  ACH is processed in batches and settles once per day; NACHA is the U.S. regulatory agency for this payment type.

AVS - Address Verification System 
AVS verifies the billing address of the cardholder in a card-not-present environment.


C

CDE - Cardholder Data Environment
This is the people, processes and technology that store, process, and transmit cardholder data.

CT - Cash Transmittal or TC30
This accounting entry is used to record revenue to budgets.  Contact bankrec@uw.edu for any questions regarding Cash Transmittals.

CTI - Cost Transfer Invoice or TC60
This accounting entry is used to charge administrative fees between university departments.  Contact jvreq@uw.edu for any questions regarding Cost Transfer Invoices.


D

DSS - Data Security Standard


E

EFT - Electronic Funds Transfer
An EFT can be an ACH or wire transaction.


I

IBAN - International Bank Account Number
This identifier is used to move funds electronically to bank accounts internationally; U.S. based bank accounts do not have an IBAN number.

ISD - Internal Sales Document or TC65
This accounting entry is used to generate invoicing between university departments.  Contact jvreq@uw.edu for any questions regarding Internal Sales Documents.


J

JV - Journal Voucher or TC35
This accounting entry is used to move expenses or revenue.  It should not be used to record revenue, please see CT.  Contact jvreq@uw.edu for any questions regarding journal vouchers.


M

MID - Merchant Identification Number
This is the account number associated with processing credit card payments.


P

PCI - Payment Card Industry
The PCI council was established by VISA, MC, AMEX, Discover and JCB in 2006 to create a set of security measures to protect cardholder data.  www.pcisecuritystandards.org

PA - Payment Application
Payment applications can include point-of-sale systems, mobile applications, and websites accepting payments.  PA-DSS is a subset of PCI compliance.


R

Routing Number
A routing number is used to identify the bank for a domestic  EFT or a check transaction - it is nine digits long and beings with 0, 1, 2 or 3.  Please see "ABA" above.


S

SAQ - Self Assessment Questionnaire
This is the reporting tool used for PCI Compliance based on your card acceptance environment.

SWIFT Code - Society for Worldwide Interbank Financial Telecommunication
A SWIFT code is used to identify the bank for an international wire transaction; it is not used for wires within the United States.  It is a combination of letters and numbers from 8 to 11 characters long.


U

UPIC - Universal Payment Identification Code

UPIC is an identifier for a bank account in the United States to receive electronic credit payments such as ACH. A UPIC acts exactly like a US Bank account number and protects sensitive banking information. 


W

Wire
A wire payment is a domestic or international transaction that has the ability to settle same-day; it is processed as a stand-alone transaction and is not processed in batches ( such as ACH).  FedWire, SWIFT, and CHIPS handle transmit and regulate wire transactions.