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What does bank transaction type N5CP mean?

Both are the abbreviations of bond products in the inter-bank market:

CP short-term financing bills (short-term financing)

SCP ultra-short-term financing bills

PPN directional instruments (private placement notes)

MTN medium-term notes (mid-term notes)

In addition:

ABN asset-backed notes

PRN project income notes

SMECN small and medium-sized enterprise collective notes

Transaction banking generally refers to a package of financial services provided by commercial banks around customer transaction behavior. It integrates resources of traditional supply chain financing, payment settlement, cash management, fund custody, electronic banking channels and other financial services, and forms new concepts and business models based on the original business.

Transaction banking (also known as global transaction banking, Global Transaction Banking) refers to a highly comprehensive, customer-centric approach that focuses on the flow of commodities, funds, capital/financial assets that occur in the daily operations of companies/institutions. , three-dimensional financial services, integrating the original payment and settlement, cash management, supply chain finance, cross-border finance, trade finance and Internet finance, asset custody and other advantageous businesses, to comprehensively create a comprehensive integration of domestic and overseas, online and offline, domestic and foreign currencies, domestic A banking financial product and service system that integrates foreign trade and offshore and onshore banking.

The main types of bank card transactions are based on the ways and media used by cardholders. Bank card transactions mainly include over-the-counter transactions, ATM transactions, merchant POS transactions, and online banking transactions (including computer-based online banking and mobile phone banking). terminal online banking) and other types.

TFR (transfer). A bank is a financial institution that provides credit intermediary services such as deposits, loans, wire transfers, and savings. Its main business scope includes collecting public deposits, granting loans, and handling bill discounts. In our country, the People's Bank of China is the central bank of our country. Other banks include China Construction Bank, Agricultural Bank of China, China Merchants Bank, Industrial and Commercial Bank of China, etc.