electronic funds transfer (EFT) |
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Definition
Moving funds between different accounts in the same or different banks, through the use of wire transfer, automatic teller machines, or computers, but without the use of paper documents.
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electronic funds transfer (EFT) is in the Banking, Commerce & Finance, E-Commerce and International Trade & Relations subjects.
electronic funds transfer (EFT) appears in the definition of the following term: clearinghouse
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