EFT

EFT
Electronic Funds Transfer. These are funds transferred electronically through the Automated Clearing House (ACH).

EFT
See electronic funds transfer.
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Definition of
EFT
E-Commerce abbr
payment system using electronic medium electronic funds transfer: a payment system that processes financial transactions between two or more parties or institutions.

Earliest finish time (EFT) - In program review and evaluation technique (PERT), earliest time at which an activity may be completed.

EFT:
Abbreviation for Electronic Funds Transfer.
Français: EFT
Español: EFT ...

EFT (electronic funds transfer)
Funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g.

EFT - Electronic Funds Transfer
EG - Exempla Gratiae (Latin: for example)
EHT - Employer Health Tax (Ontario) ...

An EFT authorized in advance to recur at substantially regular intervals.
Preauthorized Payment: ...

DEBIT CARD (EFT CARD) - A plastic card, looks similar to a credit card, that consumers may use to make ...
DEBIT ENTRY - the entry noting the removal or transfer of funds out of an account ...

CMB CME CMO CMS CNS COMB COMEX CPA CPI CPO CQS CRA CRA CRA CRD CRF CRR/HHT CSAC CSE CSMA CSP CST CTA CTA CTP CTR CTRS CTS CTX CUSIP DCF DCIA DDA DIDC DIDMCA DINB DIV DM DRR DTC DVP EAC EAF-2 ECCB ECCHO ECHO ECP ECR ECU EDBT EDC EDGAR EDS EFAA EFT ...

Accounts at banking institutions issuing a credit or debit card, and belonging to the Automated Clearing House (ACH) network, are capable of receiving queries via EFT to debit the accounts for customer purchases.

Electronic funds transfer (EFT) is the means by which financial institutions exchange billions of dollars every day without the physical movement of any paper money.

Electronic funds transfer, or EFT, is a system for transferring money from one bank to another. In electronic funds transfer, there is no paper money involved.

The EFT (electronic funds transfer) on July 11 relates to the monthly utility bill; the Tackle Shop has authorized the utility to draft its account directly each month.

Federal Reserve regulation that sets rules, liabilities, and procedures for electronic funds transfers (EFT), and establishes consumer protections using EFT systems.

Similar to any other types of stock an EFT's value might change from hour to hour, and investors will usually trade through a broker so that they can purchase them, which means a commission will have to be paid to the broker for the purchase.

Electronic Funds Transfer (EFT)
Used by some schools and lenders to wire funds for Stafford and PLUS loans directly to participating schools without requiring an intermediate check for the student to endorse.

Electronic Funds Transfer (EFT): A transfer of funds between accounts by electronic means rather than conventional paper-based payment methods.

electronic funds transfer (EFT)
An electronically based rather than paper-based system of transferring funds to and from accounts. Two main EFT remittance methods are wire transfers and automated clearing house (ACH).

Electronic Funds Transfer (EFT)
The shifting of money from one financial institution account to another without the physical movement of cash.
Emergency fund
Money set aside for unexpected expenses or for living costs in case of job loss.

Electronic Funds Transfer (EFT): KPERS retirement benefits are directly deposited into a member's account at a financial institution by electronic transmission according to a routing code and account number, instead of a paper check.

Electronic funds transfer (EFT) - A method of transferring money via electronic means.
Employee stock purchase plan - An employer-sponsored plan that lets you buy the company's stock at a discount to its market value.

Electronic funds transfer (EFT)
Transfer of funds electronically rather than by check or cash. The Federal Reserve's Fedwire and automated clearninghouse services are EFT systems.

The Federal Reserve's Fedwire and automated clearninghouse services are EFT systems. Electronic Funds Transfer Systems
A variety of systems and technologies for transferring funds (money) electronically rather than by check.

AUTOMATED CLEARING HOUSE (ACH) - A nationwide payment and collection system that provides for electronic distribution and settlement of funds. Although the term Electronic Fund Transfer (EFT) is technically more inclusive than the term ACH, ...

Electronic Funds Transfer (EFT)
Any transfer of funds initiated by electronic means, such as an electronic terminal, telephone, computer, ATM or magnetic tape.

electronic funds transfer (EFT): The transfer of funds between accounts and firms electronically.
elevator pitch: A succinct one-minute explanation of a business, usually for the purpose of attracting new investors.

Electronic Fund Transfer (EFT) - A debit or credit transaction initiated through electronic means (i.e., phone, computer network).

5% or +/-3% depending on the EFT's investment zone).
Based on the previous day's end-of-trading NAV, the indicative NAV is updated every 15 seconds to reflect changes in the underlying index or portfolio.

Lock Box or Trust Bank Account Withholding: All of the business's credit card sales are deposited into bank account controlled by the finance company and then the agreed upon portion is forwarded onto the business via ACH, EFT or wire.

participations, securities transactions, Federal Reserve System funds borrowings, credit history, the payment or nonpayment of "wire fate" items, and other essential matters requiring prompt communication. See also Electronic Funds Transfer (EFT).

See also: Electronic Funds Transfer, Banks, Expense, Funding, Saving