Electronic Funds Transfer (EFT): The electronic exchange (transfer of money from one bank account to another), either within a single financial institution or across multiple institutions, through ...

In the broadest sense, any electronic transfer of funds might be described as a wire transfer. More specifically, a wire transfer is an electronic transfer of funds from a bank or credit union to ...

Direct deposit is a way to transfer money electronically from a payer to a recipient's account. Learn how direct deposit ...

Some donors prefer to make gifts by electronic funds transfer (EFT). With your authorization, Michigan Tech can electronically debit your checking account on a monthly or quarterly basis. You choose ...

An ACH transfer is the electronic movement of money between accounts at banks and credit unions. The ACH network handles these fund transfers without using paper checks, cash, credit card networks ...

An online account is typically funded by either direct deposit or electronic funds transfer, which can be facilitated at account opening. Learn More: How to Open a Checking Account Online How do ...

You can transfer funds from your bank to a friend's checking ... ACH payments depend on payment processors sending batches of transactions as electronic files. The transactions are then cleared ...

The bill would impose a 5% tax on remittance payments, with exceptions for most transfers made by U.S. citizens.