EFT

Electronic Funds Transfer. Any Transfer of funds that is initiated by electronic Mean, such as an electronic terminal, telephone, computer, ATM or magnetic Tape.

Related Terms: 7 Fund, Mean, Net, Put, Transfer, Term, Tape

Other Related Pages: Category: Banking Starting With: E

Additional Related Terms: 12b-1 funds, Automatic Funds Transfer, Accrual of discount, Amortization of premium, At par, All or any part, At best, At call, At risk, Add-on service