šŸ”„šŸ”„ Donā€™t Miss Out on Our End of Autumn Sale. If you have any questions, feel free to click the bottom right corner to contact our customer service..

Concat us[email protected]
Shopping Cart

No products in the cart.

šŸ”
BS ISO 21586:2020

BS ISO 21586:2020

$198.66

Reference data for financial services. Specification for the description of banking products or services (BPoS)

Published By Publication Date Number of Pages
BSI 2020 62
PDF Format Searchable Printable Preview Now
Guaranteed Safe Checkout
Category:

If you have any questions, feel free to reach out to our online customer service team by clicking on the bottom right corner. Weā€™re here to assist you 24/7.
Email:[email protected]

This document specifies how to describe the characteristics of banking products or services (BPoS) from a customerā€™s perspective.

Characteristics of a BPoS can be observed from different facets, called key elements, which are divided into three groups: required, optional or voluntary elements. This document elaborates on the purpose, content and description approach for the required and optional key elements.

Six levels of conformity are described in this document which are intended to allow a customer to assess the coverage of key elements in a BPoS. The logical and physical formats to express key elements are also defined. This document excludes requirements of a BPoS itself and specific value ranges of any key element are out of the scope.

This document guides the provider of BPoS in describing their products or services with the intent to help customers understand or compare specific BPoS. It is not applicable to describing securities or insurance-related products or services. BPoS can be issued by banks and other institutions.

PDF Catalog

PDF Pages PDF Title
2 undefined
6 Foreword
7 Introduction
11 1 Scope
2 Normative references
3 Terms, definitions and abbreviated terms
14 4 Principles
4.1 General principles
4.2 Concrete principles
4.2.1 Types of key elements
15 4.2.2 Description of multiple BPoS
16 4.2.3 Sequence of key elements
17 4.2.4 Descriptive style
5 Level of conformity
5.1 General
5.2 Concrete conformity
18 6 Key elements
6.1 General
6.2 Concrete key elements
6.2.1 How can a BPoS be identified?
21 6.2.2 How can the issuer of a BPoS be identified?
25 6.2.3 What are the credentials of a BPoS?
28 6.2.4 What are the fundamental financial characteristics of a BPoS?
39 7 Requirements of representation
7.1 General
7.2 Logical tier
7.3 Physical tier
7.3.1 Principles
7.3.2 Key aspects for human reading
40 7.4 Version management
42 Annex A (informative) Method of recording versions of a description
43 Annex B (informative) Logical representation model of BPoS descriptions
49 Annex C (informative) Relationship between fiat currency, historical currency and cryptocurrency
50 Annex D (informative) Related methodologies
51 Annex E (informative) An example of a BPoS description based on a credit card
60 Bibliography

Related products

BS ISO 21586:2020
$198.66