What is EFT?

Discussion in 'Payments' started by chward21, Jan 30, 2007.

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  1. #1
    What is EFT?
     
    chward21, Jan 30, 2007 IP
  2. Ballz

    Ballz Well-Known Member

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    #2
    it is Electronics Funds Transfer. When you use EFT, you do not need to deposit cheques into your account, or write one for someone else.

    Funds get transferred without the paper work, and it is faster than cheques
     
    Ballz, Jan 30, 2007 IP
  3. chward21

    chward21 Guest

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    #3
    Is it safe?
     
    chward21, Jan 30, 2007 IP
  4. Ballz

    Ballz Well-Known Member

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    #4
    yes it is safe
     
    Ballz, Jan 30, 2007 IP
  5. trichnosis

    trichnosis Prominent Member

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    #5
    it means "send my money to my bank account:D" and it's most safe method
     
    trichnosis, Jan 30, 2007 IP