Black's law dictionary. HENRY CAMPBELL BLACK, M. A.. 1990.
electronic funds transfers — A transaction with a financial institution by means of a computer, telephone or electronic instrument. An electronic funds transfer is typically initiated by a bank customer (the originator) who requests the bank to transfer credit to the account … Black's law dictionary
Electronic Funds Transfer Act — A federal law that gives consumers the right to correct errors in ATM or bank statements relating to electronic funds transfers (such as ATM use, point of sale purchases, and preauthorized withdrawals from a bank account) and limits a consumer s… … Law dictionary
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 depository transfers — The transfer of funds between bank accounts through the Automated Clearing House ( ACH) system. The New York Times Financial Glossary … Financial and business terms
electronic depository transfers — The transfer of funds between bank accounts through the Automated Clearing House ( ACH) system. Bloomberg Financial Dictionary … Financial and business terms
electronic transfer of funds — ETF The transfer of money from one bank account to another by means of computers and communications links. Banks routinely transfer funds between accounts using computers; ETF is also used in home banking services. In the USA, the Electronic… … Accounting dictionary
electronic transfer of funds — ETF The transfer of money from one bank account to another by means of computers and communications links. Banks routinely transfer funds between accounts using computers; ETF is also used in home banking services. In the USA, the Electronic… … Big dictionary of business and management
Network for Electronic Transfers — The Network for Electronic Transfers (Singapore) Pte Ltd (Abbreviation: NETS; Chinese: 电子转帐体系) was founded in 1985 to operate and manage an online debit payment system pioneering Singapore s shift to a cashless society. It has since grown to a… … Wikipedia
wire transfers — One of the two major methods of electronic funds transfer. Only the payer can originate the remittance. A wire transfer s information format is completely flexible, but this flexibility adds significantly to the bank s labor costs and results in… … Financial and business terms
