the electronic funds transfer act was signed into law on august 5, 2010.
when was the electronic funds transfer act signed into law?
august 5, 2010
na
na
electronic funds transfer









































electronic funds transfer (eft) are electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.









































according to the united states electronic fund transfer act of 1978 it is "a funds transfer initiated through an electronic terminal, telephone, computer (including on-line banking) or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit a consumer's account."
electronic funds transfer