Tag Archives: EFT

  • Electronic Fund Transfer (EFT)

    Posted on July 29, 2016 by Admin in Banking.

    Electronic Fund Transfer (EFT) is a money transfer mechanism from one bank or institution to another, through electronic means. EFT offers the flexibility of transferring money using internet services from any location in the world and once the funds are transferred, the amount is deducted from one account and credited to the other. In USA, […]

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