EFT definition

EFT means an electronic funds transfer to the Australian bank account nominated by the Eligible Claimant via the Resolution Confirmation Form (defined further below) and in accordance with these Terms and Conditions;

Examples of EFT in a sentence

  • The vendor may apply for EFT through our web site's CFO Page (referenced above) which provides the link to Ohio Shared Services.

  • To facilitate timely payments for this project your vendors are encouraged to enroll in the Ohio Shared Services' EFT Program.

  • Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

  • Return of unspent funds will be processed via Electronic Funds Transfer (EFT) in accordance with 31 C.F.R. Part 208 and, upon request by NASA, Partner agrees to complete the Automated Clearing House (ACH) Vendor/Miscellaneous Payment Enrollment Form (SF 3881).

  • If you fail to maintain the security of these access codes and the Credit Union suffers a loss, we may terminate your EFT services immediately.


More Definitions of EFT

EFT means Electronic Fund Transfer, also known as Direct Debit or BACS payment. “Fees” means the fees for Services as specified in Customer’s Service Order. “Term” means the applicable Initial Term or any subsequent renews thereof.
EFT means Electronic Funds Transfer; a system of transferring money from one bank account to another, without paper money changing hands. An example is Credit Card switching transactions
EFT means Electronic Funds Transfer pursuant to the EFT Guidelines;
EFT. The acronym for electronic funds transfer.
EFT means any paperless transfer of funds from a sender's account to a recipient's account.