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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

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Encyclopedia Articles

Discover the definition of financial terms related to electronic fund transfers.

ABA Number: What It Is and Where to Find It Thumbnail

ABA Number: What It Is and Where to Find It

Andrew Latham

What Is an ACH Transfer? How It Works, Timing, and Limits Thumbnail

What Is an ACH Transfer? How It Works, Timing, and Limits

Andrew Latham

ACH Withdrawal: What Is It & How Does It Work? Thumbnail

ACH Withdrawal: What Is It & How Does It Work?

Ossiana Tepfenhart

What Is a Routing Number? How to Find Yours and What It's Used For Thumbnail

What Is a Routing Number? How to Find Yours and What It's Used For

Andrew Latham

Check Conversion: Definition, Examples, and Consumer Rights Thumbnail

Check Conversion: Definition, Examples, and Consumer Rights

Silas Bamigbola

The Financial Institutions Regulatory Act (FIRA): Regulation, Stability, and Impact Explained Thumbnail

The Financial Institutions Regulatory Act (FIRA): Regulation, Stability, and Impact Explained

Abi Bus

Descriptive Statements: Unveiling How They Work, Examples, and Best Practices Thumbnail

Descriptive Statements: Unveiling How They Work, Examples, and Best Practices

SuperMoney Team

Electronic Fund Transfer Act (EFTA): Definition, Protections, and Real-Life Scenarios Thumbnail

Electronic Fund Transfer Act (EFTA): Definition, Protections, and Real-Life Scenarios

Silas Bamigbola

On-Us Checks: Definition, Benefits, and Real-Life Example Thumbnail

On-Us Checks: Definition, Benefits, and Real-Life Example

Silas Bamigbola

Navigating Regulation E: Your Comprehensive Guide to Electronic Funds Transfers and Debit Card Protection Thumbnail

Navigating Regulation E: Your Comprehensive Guide to Electronic Funds Transfers and Debit Card Protection

Alessandra Nicole

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About 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.