electronic funds transfer system


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electronic funds transfer system

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The IRS supports the electronic funds transfer system because it makes payments more timely and efficient.
It has gone from a fully manual interchange of paper cheques and reports to a national, fully automated, image-based cheque truncation system and Electronic Funds Transfer system.
The strategic partnership would place Batelco as a backbone partner facilitating the network infrastructure and business continuity and disaster recovery site for Benefit's major services such as Bahrain cheque truncation system (BCTS), the National ATM and POS switch and lately the Electronic Funds Transfer System (EFTS).
The team in charge of BBK's electronic funds transfer system won The Best Team of the Year and the Adliya Financial Mall won The Best Branch of the Year.
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