Electronic Fund Transfer Card (EFTC) definition

Electronic Fund Transfer Card (EFTC) means, a card or a device that enables the user to transfer value in credit, debit or any other form and includes credit cards, debit cards and stored value cards where transaction details could be identified by the Authorized Dealers for the purposes of being compliant with the provisions of the Exchange Control Act.
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Electronic Fund Transfer Card (EFTC) means, a card or device that enables the user to transfer value in credit, debit or any other form and includes credit cards, debit cards and stored value cards.
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Examples of Electronic Fund Transfer Card (EFTC) in a sentence

  • Permission is hereby granted for the purpose of Section 7 and 8 of the Exchange Control Act (Chapter 423 of the CLE) for a person in or resident in Sri Lanka to make payments in foreign exchange to a person resident outside Sri Lanka on his Electronic Fund Transfer Card (EFTC) subject to the following Terms and Conditions.

  • Permission is herein granted for the purpose of Section 7 and 8 of the Exchange Control Act (Chapter 423 of the CLE) for a person in or resident in Sri Lanka to make payments in foreign exchange to a person resident outside Sri Lanka on his Electronic Fund Transfer Card (EFTC) subject to following terms and conditions.

  • Permission is herein granted for the purpose of Foreign Exchange Act No.12 of 2017 for a person in or resident in Sri Lanka to make payments in foreign exchange to a person resident outside Sri Lanka on his Electronic Fund Transfer Card (EFTC) subject to following terms and conditions.

  • Permission is herein granted for the purpose of Foreign Exchange Act No.12 of 2017 for a person in or resident in Sri Lanka to make payments in foreign exchange to a person resident out side Sri Lanka on his Electronic Fund Transfer Card (EFTC) subject to following terms and conditions.