EFT definition

EFT shall be defined as Electronic Funds Transfer.

Examples of EFT in a sentence

  • 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).

  • The Contractor shall update such information to the extent necessary for EFT payments to be made.

  • Fidelity Electronic Funds Transfer (EFT) enables you to electronically transfer money between your bank Account and your Account.

  • County shall maintain at its own expense a single financial institution or authorized payment agent capable of receiving and processing EFT using the Automated Clearing House (ACH) transfer method.

  • The most current designation and EFT information will be used for all payments under this Agreement.


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 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;
EFT means electronic funds transfer transactions.
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. The acronym for electronic funds transfer.
EFT means Electronic Funds Transfer pursuant to the EFT Guidelines;