PRICES include / exclude VAT
Homepage>BS Standards>03 SOCIOLOGY. SERVICES. COMPANY ORGANIZATION AND MANAGEMENT. ADMINISTRATION. TRANSPORT>03.060 Finances. Banking. Monetary systems. Insurance>BS ISO 21586:2020 Reference data for financial services. Specification for the description of banking products or services (BPoS)
Sponsored link
immediate downloadReleased: 2020-10-27
BS ISO 21586:2020 Reference data for financial services. Specification for the description of banking products or services (BPoS)

BS ISO 21586:2020

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

Format
Availability
Price and currency
English Secure PDF
Immediate download
354.44 USD
You can read the standard for 1 hour. More information in the category: E-reading
Reading the standard
for 1 hour
35.44 USD
You can read the standard for 24 hours. More information in the category: E-reading
Reading the standard
for 24 hours
106.33 USD
English Hardcopy
In stock
354.44 USD
Standard number:BS ISO 21586:2020
Pages:62
Released:2020-10-27
ISBN:978 0 539 00112 9
Status:Standard
DESCRIPTION

BS ISO 21586:2020


This standard BS ISO 21586:2020 Reference data for financial services. Specification for the description of banking products or services (BPoS) is classified in these ICS categories:
  • 03.060 Finances. Banking. Monetary systems. Insurance

This document specifies how to describe the characteristics of banking products or services (BPoS) from a customer’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.