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Electronic Fund Transfers

Electronic fund transfers (EFTs) are the movement of funds from one bank account to another, or the transfer of funds between accounts, using electronic means. EFTs may be made through a variety of methods, including automated clearing houses (ACH), wire transfers, and online banking systems. Continue Reading Below

    Related Topics

    • Automated Teller Machines (ATMs)
    • Digital Currency
    • Financial Cryptography
    • Payment Cards
    • Payment Systems
    • Virtual Currencies