ATIS Telecom Glossary
Sunday, September 21, 2014

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EFT
Abbreviation for electronic funds transfer. The technology that allows for funds to be transferred securely and instantaneously by electronic means from one bank account to another.

 

 

 

 

 

 

 

 

 

 



 
These definitions were prepared by ATIS Committee PRQC
 
For more information on the work related to these definitions,
please visit the ATIS website and the ATIS Document Center