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Telegram style, telegraph style, telegraphic style, or telegraphese[1] is a clipped way of writing which abbreviates words and packs information into the smallest possible number of words or characters. It originated in the telegraph age when telecommunication consisted only of short messages transmitted by hand over the telegraph wire.
The text of the header code is a fixed format: <Preamble>ZCZC-ORG-EEE-PSSCCC+TTTT-JJJHHMM-LLLLLLLL- This is broken down as follows: 1. A preamble of binary 10101011 (0xAB in hex) repeated sixteen times, used for "receiver calibration" (i.e., clock synchronization), then the letters ZCZC as an attention to the decoder (a message activation method inherited from NAVTEX).
Banking. Wire transfer, bank transfer, or credit transfer, is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account, or through a transfer of cash at a cash office. Different wire transfer systems and operators provide a variety of options relative ...
Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants (as of March 19, 2009). [1] Transfers can only be initiated by the ...
Remittance advice is a letter sent by a customer to a supplier to inform the supplier that their invoice has been paid. If the customer is paying by cheque, the remittance advice often accompanies the cheque. The advice may consist of a literal letter (e.g., "To Whom it May Concern: Your shipment of the 10th inst was received in good order ...
16-line message format. 16-line message format, or Basic Message Format, is the standard military radiogram format (in NATO allied nations) for the manner in which a paper message form is transcribed through voice, Morse code, or TTY transmission formats. The overall structure of the message has three parts: HEADING (which can use as many as 10 ...
Telegraphy is the long-distance transmission of messages where the sender uses symbolic codes, known to the recipient, rather than a physical exchange of an object bearing the message. Thus flag semaphore is a method of telegraphy, whereas pigeon post is not. Ancient signalling systems, although sometimes quite extensive and sophisticated as in ...
The MT202 COV is the bank-to-bank order that instructs funds movement in alignment with the MT103 messages. The MT202 COV is needed because of correspondent banking networks and the complexity of international funds movements. Thus, an MT103 instruction is sent directly from the originator's bank to the beneficiary's bank instructing an account ...
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