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Interchange

nounid 2965·updated May 9, 2026
verified

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.

polysemous

Classifications

Entity Type

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

Sensitivity

75%llm-generatedllm:claude-haiku-4-5

Information Class

68%llm-generatedllm:claude-haiku-4-5

Variants

synonym
exchangegive-and-takereciprocation
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.
Wordset Dictionary4 sensesview framework →
§1
mutual interaction
§2
reciprocal transfer of equivalent sums of money, especially the currencies of different countries
§3
the act of changing one thing for another thing
§4
a junction of highways on different levels that permits traffic to move from one to another without crossing traffic streams

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.