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Definition | : | Electronic Funds Transfer |
Category | : | Business » Banking |
Country/ Region |
: | Worldwide
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Popularity | : |
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Type | : |
Initialism
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Electronic Funds Transfer (EFT) refers to the process of electronically transferring funds from one bank account to another, typically facilitated through computer-based systems.
EFT involves the digital transfer of funds from one bank account to another through an online payment system.
EFT systems provide a secure and efficient way to conduct financial transactions using digital methods.
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[French School of Tehran]
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The full form of EFT is Electronic Funds Transfer
Electronic Funds Transfer | Earliest Finish Time
Electronic Funds Transfer | Emotionally Focused Therapy | Emotional Freedom Techniques | Escape from Tarkov | Effective Field Theory | Ecosystem Functional Type | Electrical Fast Transient | Ewing Family of Tumors | Exploration Flight Test | Equivalent Full Time | Earliest Finish Time