Electronic funds transfer (EFT)

Electronic funds transfer (EFT),

Definition of Electronic funds transfer (EFT):

  1. The transfer of money between bank accounts by electronic means.

  2. Moving funds between different accounts in the same or different banks, through the use of wire transfer, automatic teller machines, or computers, but without the use of paper documents.

How to use Electronic funds transfer (EFT) in a sentence?

  1. I was happy to see my electronic funds transfer went through and I would be receiving money very shortly from the place I worked.
  2. The electronic funds transfer had a time of five to seven business days as a possible wait time but it came through the next day.
  3. You should make an electronic funds transfer instead of carrying a lot of cash when you are closing a big deal.

Meaning of Electronic funds transfer (EFT) & Electronic funds transfer (EFT) Definition

Electronic Funds Transfer (EFT),

Electronic Funds Transfer (EFT): What is the Meaning of Electronic Funds Transfer (EFT)?

Electronic money transfers begin with an electronic terminal, telephone, computer, ATM or magnetic stripe.

A simple definition of Electronic Funds Transfer (EFT) is: EFT is an electronic payment method that allows you to pay premiums directly to your checking account via debit.

The definition of Electronic Funds Transfer (EFT) is: Check electronic systems such as ATMs and electronic bill payments Transfer funds between accounts instead of checks or cash (electronic transfers, checks, money orders, and paper instruments do not fall into this category.) Electronic transaction related questions See

Literal Meanings of Electronic Funds Transfer (EFT)


Meanings of Electronic:
  1. (Devices) that work or operate with many small components, including microchips and transistors that control and conduct electrical current.

  2. (Music) is made by electronic devices.

  3. Talking about electronics.

  4. In relation to electrons.

  5. The network is primarily developed or accessed by a computer or other electronic device.

Sentences of Electronic
  1. You will also learn how moisture affects the surface of silicone, which is used to make microchips and other electronic devices.

  2. In modern electronic devices, silicon transistors are associated with capabilities whose values ​​are zero and represented throughout the system.

  3. Modern commercial aircraft are equipped with electronic devices that control the aircraft and handle navigation and communications.

  4. Inorganic chemistry is used to make electronic components such as transistors, diodes, computer chips and various compounds of metal.

  5. From home appliances to home alarms, smart homes with all kinds of devices controlled by a single electronic device have been a household dream for decades.

  6. Electronic brake controls are manufactured here in a variety of configurations and voltages.

  7. Electronic engine control tests are also planned after the delivery of the first unit.

  8. Since each bicycle is controlled by an electronic lock, anyone wishing to rent a bicycle can unlock it by calling the telephone line and providing the location of the bicycle after use.

  9. A guard has locked prisoners for centuries with keys, which is no longer the case and both cell blocks have electronic fingerprint locks and cannot be unlocked.

Synonyms of Electronic

unmanned, preprogrammed, robotic, electronic, mechanical, computerized, automated, push-button


Meanings of Transfer:
  1. Move from one place to another.

  2. Move to another group, another job, or another area.

  3. Apply to another school or university.

  4. Move or pass to another team (in professional sports).

  5. Turn (phone call) into another line or extension.

  6. Copy from one level to another (images or designs).

  7. Copy (data, music, etc.) from one media or device to another.

  8. Change your location, route or mode of transport while in transit.

Sentences of Transfer
  1. You need to transfer money to your account

  2. At ten o'clock I went to bed from the sofa.

  3. Otherwise, grease and dirt will be transferred from the glove to the sofa or cloth.

  4. Finally, if you need a blood transfusion (while the donated blood is being transfused into your body), you may need a blood test to check your blood type.

  5. Her friend Mandy was a supporter of Leeds, but after moving to Hill Yard she changed her allegiance to Scarborough.

  6. When authorities confirmed that they had transmitted the disease to animals considered more resistant, new questions arose as to whether the BSE could be transmitted to sheep.

  7. We received all the voter registration forms submitted by the Center and sent them to the police for investigation.

  8. When I moved a few weeks ago, I moved the drawers to a new desk because there were no drawers in the new location.

  9. The factory was relocated to Scotland, creating a small number of jobs and increasing the group's sales by £ 400,000.

  10. Then you transfer all the money to this fund.

Synonyms of Transfer

surrender, remove, change, relocation, sign over, shifting, relinquish, transplant, repositioning, conveyance, moving, uproot, move, transferral, conversion, conduct, lift, relocate, shift, convey, fetch, switch, turn over, devolve, changeover, redirection, transmit, commit, transference


Meanings of EFT:
  1. A greeter

  2. Newt Teen Internship.

Sentences of EFT
  1. Eastern neonates have three stages of life: aquatic or tadpole larvae, red or peacock adolescents and aquatic adults.