the use of telecommunications networks to transfer funds from a financial institution to the University of Memphis.

Transfer of funds electronically rather than by check or cash. The Federal Reserve's Fedwire and automated clearninghouse services are EFT systems.

The exchange of money via telecommunications. EFT refers to any financial transaction that originates at a terminal and transfers a sum of money from one account to another.

A standard mechanism for electronically transmitting funds between two parties.

The use of computer networks to conduct financial transactions electronically.

The use of electronic means, such as computers, telephones, magnetic tape and so on, rather than checks, to transfer funds, or to authorize or complete a transaction. This development has given rise to the concept of the cashless economy.

A computerized system that processes financial transactions and information about these transactions or performs the exchange of value. Sending payment instructions across a computer network, or the c [..]

Electronic funds transfer (EFT) is the means by which financial institutions exchange billions of dollars every day without the physical movement of any paper money. Money moves electronically from one bank account to another, usually within 24 hours of a scheduled payment. The system covers all electronic credit and debit money transfers, includin [..]

See EFT.

An arrangement in which premium payments are drawn from an insured’s bank account. This is also referred as Auto-Draft or Pre-Arranged Withdrawal (PAW or PAC).

A method of payment used in place of a paper check.

Definition EFT. Any transfer of funds that is initiated by electronic means, such as an electronic terminal, telephone, computer, ATM or magnetic tape.

Often abbreviated as EFT, Electronic Funds Transfer is the paperless act of transmitting money through a computer network.

A system where money is transferred electronically from one bank account to another, without the need for any paper work such as the traditional cheque.

Used by some schools and lenders to wire funds for Stafford and PLUS loans directly to participating schools without requiring an intermediate check for the student to endorse. The money is transferred electronically instead of using paper, and hence is available to the student sooner. If you have a choice of funds transfer methods, use EFT.

The use of telecommunications systems and debit and credit cards to move funds. Paperless system used with credit and debit cards.

EFT The electronic exchange, transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.

Refers to the paperless transfer of electronically recorded payment data representing a monetary value in a specific currency which is accepted by a customer/contractual merchant or a bank instead of cash as a means of payment.

Electronic Funds Transfer is the transfer of funds from one bank account to another bank account utilizing the ACH Network.

A transfer of funds between accounts by electronic means rather than conventional paper-based payment methods. EFT is any financial transaction originating from a telephone or electronic terminal, or from a computer or magnetic tape.

The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, dr [..]

The transfer of money between accounts through ATMs or electronic payment systems.

An automated transfer of funds using an electronic medium.

Electronic Funds Transfers are electronically initiated transfers of money from your account through the electronic funds transfer services described in IFCU's atm check card agreement

Electronic transfer of funds from one account to another.

Electronic funds transfer, or EFT, is the movement of money from one account to another that's initiated electronically, such as through an ATM.  

Electronic Funds Transfer (EFT) is a system of transferring money from one bank account directly to another without any paper money transactions. It is used for both credit transfers, such as payroll [..]

Process by which payments associated with toll passage, parking fees, etc. are communicated from the Authority maintaining the Customer account to the Authority providing the service.

The transfer of funds, other than a transaction originated by cheque, draft or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer or magnetic [..]

Electronic (computer-based) exchange or transfer of money, from one account to another, within a single or multiple financial institutions.

An electronic withdrawal of funds from your bank account using pre-established authorization. Account information is stored and can be used for money in (refunds, financial aid) or money out (payments [..]

Electronic funds transfer (EFT) refers to the transfer of money between accounts within a financial institution or over a computer network between financial institutions.

EFT is an electronic payment method that lets you pay your premiums with automatic deductions from your checking account.

Means of transferring money from UNC to individual bank accounts. See also ACH and Direct Deposit.

 EFT is an electronic payment method that lets you pay your premiums with automatic deductions from your checking account.

n. transferencia electrónica de fondos

A process allowing the lender or the borrower to transfer payments electronically between bank accounts or to a lender.

A fast, secure way to electronically transfer funds. EFTs can be performed using computers, ATMs, over the phone or by wire transfers.

The transfer of funds electronically between accounts. 

The movement of funds between financial institutions electronically. The two most common electronic funds transfer systems in the U.S. are FedWire and CHIPS. (SWIFT is often referred to as the third E [..]

Protection for problems that are not typically handled by your auto insurance such as: being locked out of your car, having a dead battery re-charged, inflating a flat tire, or filling an empty gas ta [..]

A method of transferring money electronically from a patient’s bank account to a provider or an insurance carrier.

EFT is a payment method in which funds are automatically deducted from a customer's checking account to pay bills on a regularly scheduled basis. Customers must select the EFT payment method and [..]

An arrangement in which premium payments are drawn from an insured's bank account. This is also referred as Auto-Draft or Pre-Arranged Withdrawal (PAW or PAC).

Any transfer of funds initiated by electronic means, such as an electronic terminal, telephone, computer, ATM.

An electronic paperless means of transferring money. This allows funds to be transferred, credited, or debited to a bank account and eliminates the need for paper checks.

Electronic movement of funds from 1 bank account to another.

An individual may have withdrawal proceeds from their B2B Bank account deposited directly to their bank account via EFT. B2B Bank must be supplied with their banking information in the form of a pre-p [..]

means a system of technology that allows Hall Charities Associations to disburse pooled lottery proceeds securely by electronic means from their lottery trust accounts to each of their member organizations´ lottery trust accounts rather than writing cheques.

A system that transfers funds through electronic messages ins tead of by traditional means, such as cash or cheques.

The movement of funds by non-paper means (i.e., electronically) usually through a payment system such as the ACH network or Fedline.

Transfer of funds electronically rather than by check or cash. The Federal Reserve's Fedwire and automated clearinghouse services are EFT systems.

Process by which money is transmitted electronically from one bank account to another.

The transfer of money between accounts by consumer electronic systems - such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.)

The process through which Department of the Treasury transmits Direct Deposit refunds from the government to the taxpayer's account at a financial institution.

Any transfer of funds initiated through a terminal, telephone, computer or magnetic tape for the purpose of instructing or authorizing a financial institution to debit or credit an account.

An EFT is the use of direct deposit or electronic funds withdrawal (EFW).

A generic term used whenever money is moved without the use of a check or draft.

An electronic system that automatically moves funds, e.g., an ATM withdrawal or pay-by-phone transaction.

Process by which money is transmitted electronically from one bank account to another. (See also: Cash Concentration and Disbursement "Plus" (CCD+); Corporate Trade Exchange (CTX))

EFT is the standard method for making Federal payments. EFT includes any method used to transfer funds electronically, including Fedwire, Automated Clearing House (ACH). Transfers, Intra-Governmental [..]

A variety of systems and technologies for transferring funds (money) electronically rather than by check. Includes Fedwire, Bankwire, automated clearinghouses (ACHs), and other automated systems.

 Also known as EFT, this is a safe and quick way to have your financial aid deposited directly into your savings or checking account. After your financial aid is applied to your balance in your accoun [..]

A computer-based process in which money is transferred from one account to another. The money is transferred electronically instead of using paper.  EBT"electronic bank transfer is a transfer [..]

Any transfer of funds that is initiated through electronic means, such as data transmission by computer rather than a paper based transaction, such as a check.

Used by some schools and lenders to wire funds for Stafford and PLUS loans directly to participating schools without requiring an intermediate check for the student to endorse. The money is transferre [..]

   The electronic transfer of funds between two financial institutions.   Electronic Mailbox

The transfer of funds from one party to another by an agreed upon digital mechanism.

System of transferring funds from one account to another by electronic means.

The process of electronically transferring loan proceeds from the lender to a school's account or the school's financial institution.

Commonly called EFT, is a method by which funds are electronically transferred from one person or organization to another.

 A system of transferring money from one bank account directly to another via electronic means.

A paperless transfer of funds initiated from a terminal, computer, phone or magnetic tape.

Electronic funds transfer (EFT) represents the moving of funds between different accounts in the same or different banks, through the use of wire transfer, automatic teller machines (ATMs) or computers, but without the use of paper documents.

Transferring funds between accounts and firms electronically.

  The electronic movements of information between two depository institutions resulting in a value (money) transfer. [Chapter 9] Electronic lockbox

Transfer of funds electronically rather than by check or cash. The Federal Reserve's Fedwire and automated clearninghouse services are EFT systems.

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based s [..]

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based s [..]

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based s [..]