EFT transaction definition

EFT transaction means a transfer of funds initiated by an instruction through electronic equipment using an access number, password or PIN to debit or credit an account. An EFT transaction includes, without limitation, a transaction undertaken using a card and a PIN via EFTPOS or an ATM or a transaction undertaken using phone banking or internet banking.
EFT transaction means a transfer of funds initiated by an instruction through electronic equipment using an access ID, password or PIN to debit or credit an account, other than a Bulk Payment transaction. An EFT transaction includes, without limitation, a transaction undertaken using a card and a PIN via EFTPOS or an ATM or a transaction, other than a Bulk Payment transaction, undertaken using Internet Banking or Phone Banking;
EFT transaction means a transfer of funds initiated by an instruction through electronic equipment using an access number, password or PIN to debit or credit an account. An EFT transaction includes, without limitation, a transaction undertaken using Bendigo Phone Banking or Bendigo e-banking.

Examples of EFT transaction in a sentence

  • 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.

  • This type of EFT transaction involving a consumer account is covered by the Electronic Funds Transfer Act and this disclosure.

  • You may access certain account(s) you maintain with us by other EFT transaction types as described below.

  • The School Business Administrator/Board Secretary shall ensure all EFT transaction data is backed-up and stored offline.

  • If you have an EFT transaction, you will receive a statement monthly.


More Definitions of EFT transaction

EFT transaction means an electronic funds transfer from or to an EFT Account initiated by a Delegate through Electronic Equipment using an Access Method.
EFT transaction means an electronic funds transfer instructed by you or any signatory through Electronic Equipment using a card and/or PIN or other details provided on the card, such as the card number and expiry date, but not requiring a manual signature.
EFT transaction means a transfer of funds initiated by an instruction you give through Electronic Equipment to debit or credit an EFT Account;
EFT transaction means a transfer of funds initiated by an instruction you give through Electronic Equipment to debit or credit an EFT Account and not intended to be authenticated by company a manual signature with a specimen signature;
EFT transaction means an assisted EFT which is an EFT facilitated by OZOW;
EFT transaction means a Transaction initiated by your instruction to:
EFT transaction means a payment, funds transfer or cash withdrawal initiated using electronic equipment and not intended to be authenticated by comparing a manual signature with a specimen signature. An EFT transaction includes, without limitation, an electronic transaction undertaken using an access method via EFTPOS or an ATM, and a transaction undertaken using the Up app.