Electronic Funds Transfer (EFT)

Electronic Funds Transfer (EFT)
электронный перевод денежных средств

English-Russian dictionary of modern telecommunications. 2003.

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  • 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). American Banker Glossary ( EFT) Transfer of funds… …   Financial and business terms

  • Electronic Funds Transfer Act — The Electronic Funds Transfer (EFT) Act, also known as Regulation E, was implemented in the US in 1978 to establish the rights and liabilities of consumers as well as the responsibilities of all participants in EFT activities… …   Wikipedia

  • Electronic funds transfer — or EFT refers to the computer based systems used to perform financial transactions electronically.The term is used for a number of different concepts: * Cardholder initiated transactions, where a cardholder makes use of a payment card * Direct… …   Wikipedia

  • electronic funds transfer — electronic funds .transfer n [U and C] EFT when money is moved from one bank account, business etc to another using only computer systems …   Dictionary of contemporary English

  • electronic funds transfer — noun : the transfer of money from one location or account to another by computerized means * * * the use of telecommunications networks to transfer funds from one financial institution, as a bank, to another, or to withdraw funds from one s own… …   Useful english dictionary

  • electronic funds transfer — the use of telecommunications networks to transfer funds from one financial institution, as a bank, to another, or to withdraw funds from one s own account to deposit in a creditor s. Abbr.: EFT [1970 75] * * * …   Universalium

  • electronic funds transfer — noun a computerised banking system for the transfer of funds from one account to another. Compare EFTPOS. Also, EFT …  

  • Electronic Funds Transfer —   Any method of electronically moving money between the accounts. Often simply known as EFT. See also EFTPOS …   International financial encyclopaedia

  • electronic funds transfer — /ˌelektrɒnɪk fʌndz ˌtrænsfɜ:/ noun a system for transferring money from one account to another electronically (as when using a smart card). Abbreviation EFT …   Dictionary of banking and finance

  • EFT — 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). American Banker Glossary (… …   Financial and business terms

  • Electronic money — For electronic payments in conventional currencies, see Electronic funds transfer. Electronic money (also known as e currency, e money, electronic cash, electronic currency, digital money, digital cash, digital currency, cyber currency) is money… …   Wikipedia


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