electronic funds transfer system

(redirected from electronic transfer of funds)
Also found in: Dictionary, Thesaurus, Medical, Financial.

electronic funds transfer system

References in periodicals archive ?
Moreover, Article 25 of the Law stated that any financial institution practicing the electronic transfer of funds in accordance with the provisions of this Law and the regulations issued pursuant shall take the measures necessary to ensure secure services for clients and maintain banking confidentiality.
NEW DELHI -- To promote cashless transactions, the finance ministry has asked public sector banks to take steps to reduce the fee to zero for electronic transfer of funds up to Rs one lakh.
Summary: Former finance minister Pranab Mukherjee suggests making electronic transfer of funds up to Rs 1 lakh free of cost.
NEFT is an electronic transfer of funds system meant for retail customers, while RTGS system facilitates the high-value transfer of money with a threshold limit of INR200,000.
Think of it like this--Why would you write an old-fashioned paper check when you could save time, money and effort with simple electronic transfer of funds that protects your personal information and prevents any third party from even having access to it?
The study notes the prescription drug claims that were examined were paid by electronic transfer of funds.
including such topics as import and export laws and regulations, electronic transfer of funds, e-commerce, environmental law, motor carrier law, and franchising.
Designed to allow drivers to use their debit cards at the island, Payquick quickly authorizes direct electronic transfer of funds through BP's own PayPoint communications system by calling banks and automatically withdrawing money.
Full browser ?