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2. What does FPS account addressing mean (FPS addressing)?

FPS supports the use of predefined Proxy ID, i.e. mobile number, email address or FPS ID, to identify a payee account. If the payee has registered to associate a Proxy ID with his/her account through the receiving bank / institution (such as SVF Operator), the payer can simply enter the Proxy ID when making transfers to the payee's account.

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