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Glossary

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A

Account alias

Account holding branch

Assets

B

Beneficiary

C

Certification of confirmation

Codicil

D

Date of payment

Death certificate

Deputyship

Dual administration

Dual approval/Dual approval threshold

E

EEA

Estate

Executor (Exor)

F

Faster Payment

G

Grant of letters of administration

Grant of probate

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I

IBAN

Inheritance tax (IHT)

Instestate/Intestacy

L

Letters of administration

N

National clearing code (NCC)

P

Pay from account

Payee

Payee lookup name

Payee name and address

Payee reference

Payment reference

Personal representatives

Power of attorney (POA)

Probate

R

Renunciation

S

SEPA

Smartcard/Smartcard reader

Sort code

Status

T

Third party mandate

Y

Your reference

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