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… A three digit number, assigned by Payments Canada, which can be used on payment items to identify a member financial institution or other institution listed in Appendix I of Rule D4. … Institution number …
… Pre-authorized or bill payment error correction debits to an account held at a financial institution. … payments. Often recurring, but can also be sporadic. Does not include debits to credit cards. …
… The financial institution that holds the account of the payor (person making a payment). … Payor's financial institution (FI) …
… An item dated more than six (6) months prior to presentment for payment. …
… A disruption to the payments ecosystem large enough to have a noticeable impact on GDP. … System-wide risk …