Home > Term: Electronic funds transfer (EFT)
Electronic funds transfer (EFT)
Transfer of funds electronically rather than by cheque or cash. The Federal Reserve's Fedwire and automated clearninghouse services are EFT systems.
- Del af tale: noun
- Branche/domæne: Financial services
- Category: General Finance
- Company: Bloomberg
0
Ophavsmand
- Harry8L
- 100% positive feedback
(London, United Kingdom)