Yes, for billions at least. Never personally saw a bank transaction for a trillion dollars. You are correct the others are easier, clearer, etc. But banking go

Yes, for billions at least. Never personally saw a bank transaction for a trillion dollars. You are correct the others are easier, clearer, etc. But banking goes back centuries, millennia even. When an entire industry uses a certain nomenclature, no individual participant wants to go through the hassle of trying to change everything.