Glossary of terms commonly used in the Wallet
6 Information
SWIFT code is a financial institution identification code established by SWIFT (Society for Worldwide Interbank Financial Telecommunications) and is used by the sending bank to identify the receiving bank. It is also known as a “SWIFT address” or “BIC code”.
The TTB (Telegraphic Transfer Buying Rate) is the rate at which financial institutions purchase foreign currencies from customers for foreign currency deposits and other purposes.
The security code is the last three digits of the seven digit number printed on the signature line on the back of a credit card. The role of the security code is to increase security by preventing unauthorized use or identity theft by third parties.
E-money is electronic money that can be used to make payments using a special electronic money card or mobile wallet instead of cash or credit card payments.
Digital signature is a technology that uses public key cryptography and hash functions to prove that a digital document was “definitely created by the sender” and “that it has not been altered”. It can be said to be an alternative to the signature and seal used for analog documents.
E signature is a technology that uses public key cryptography and hash functions to prove that a digital document was “definitely created by the sender” and “that it has not been altered”. It can be said to be an alternative to the signature and seal used for analog documents.
