home/glossary/Interchange

Interchange

nounid 2965·updated May 9, 2026
candidate

Exchange of transactions between financial institutions participating in a bank card network, based on a common set of rules. Card interchange allows a financial institution's customers to use a bank credit card at any card honoring merchant and to gain access to multiple ATM systems from a single ATM.

Classifications

Entity Type

Process72%llm-generatedllm:claude-haiku-4-5

Sensitivity

Regulated75%llm-generatedllm:claude-haiku-4-5

Information Class

Pci68%llm-generatedllm:claude-haiku-4-5

Variants

plural
Interchanges
possessive
Interchange's
pluralpossessive
Interchanges'

Framework definitions

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
Exchange of transactions between financial institutions participating in a bank card network, based on a common set of rules. Card interchange allows a financial institution's customers to use a bank credit card at any card honoring merchant and to gain access to multiple ATM systems from a single ATM.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.