ˌelectronic ˈfunds ˌtransfer BrE AmE noun [uncountable and countable]
( abbreviation EFT ) when money is moved from one bank account, business etc to another using only computer systems
ˌelectronic ˈfunds ˌtransfer BrE AmE noun [uncountable and countable]
( abbreviation EFT ) when money is moved from one bank account, business etc to another using only computer systems
Longman Dictionary of Contemporary English. Longman - Словарь современного английского языка. 2012