Electronic Fund Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone or other electronic device capable of communicating with such financial institution, wire transfers, and automated clearinghouse transfers.
Electronic Fund Transfer means the electronic method of disbursing proceeds of an Education Loan on behalf of an Eligible Student as set forth in an agreement entered into by the Authority, acting by its duly authorized officer, the Servicer and the Trustee.
Electronic Fund Transfer means any transfer of funds initiated or authorized by you through an electronic payment system. Card Transactions and certain ACH Transactions are considered Electronic Fund Transfers.
Examples of Electronic Fund Transfer in a sentence
Payment shall be made by way of Electronic fund transfer and the bill will be paid by the Branch.
However it can be converted into Bank Guarantee for the same amount and same period.• Payment shall be made by way of Electronic fund transfer and the bill will be paid by Respective Branches /Offices.
The GST Number of State Bank of India areFor PANIPAT– 06 AAACS8577K 3ZR17Electronic PaymentPayment shall be made by way of Electronic fund transfer and the bill will be paid by the Branch.
More Definitions of Electronic Fund Transfer
Electronic Fund Transfer. (EFT) means a transfer of funds by electronic means. The term EFT includes all Point-of-Sale transfers, ATM transfers (deposits and withdrawals), direct deposits, electronic payments, transfers initiated by telephone, by a computer terminal (“Web Banking”), wire transfers and transfers conducted over an Automated Clearing House network (“ACH”). • “PIN” refers to the personal identification number you chose to use to identify yourself when using your card.
Electronic Fund Transfer means any transfer of funds, other than
Electronic Fund Transfer means the electronic movement of funds from the City’s main bank account to the different suppliers’ bank accounts in the same or different banks, through the use of wire transfer, automatic teller machines or computers but without the use of paper documents.
Electronic Fund Transfer means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument which is initiated through an electronic terminal, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account.
Electronic Fund Transfer means any mode of electronic fund transfer recognized by RBI including but not limited to RTGS, NEFT and fund transfer from and to accounts of the same bank.
Electronic Fund Transfer means any form of transfer of funds by electronic means other than inter-bank GIRO or telegraphic transfer;
Electronic Fund Transfer means any transfer of funds, other than a transaction originated by cheque, draft or similar paper instrument, which is initiated through an Electronic Terminal, telephonic instrument, point-of -sale Terminal, stored value card Terminal, debit card, ATM, computer magnetic tape or any other electronic device so as to order, instruct, or authorize a Financial Institution or any other company or person to debit or credit an Account;