Jun 132017

ADM

Electronic Funds Transfer Tutorials

 

 

Electronic Funds Transfer Tutorials - eft

 

Electronic funds transfer (EFT) stands for electronic transfer of money from one bank account to another, either in the same bank or in another bank and the transfer could be passed across multiple institutions.

Electronic funds transfer covers multiple operations like:

  • cardholder-initiated transactions, using a credit or debit card;
  • direct deposit;
  • direct debit payments;
  • wire transfer;

 

Tutorials

References