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			Electronic Funds Transfer (1) - 





fjrigjwwe9r0logisticsglossary:definition
Electronic movement of data between banks which results in a value transfer between accounts. 




 Acronym: EFT





 Reference: ECRC University of Scranton / Defense Logistics Agency Source: Corporate EFT/Financial EDI Conference, Resource Book , 1994





	
	

	


	
		Related Terms: 
		
			Electronic Funds Transfer (1) - 
		
			 commerce | 
			
			  data | 
			
			  electronic commerce | 
			
			  electronic data interchange | 
			
			  financial | 
			
			  interchange | 
			
			  trade | 
			
		

	
	

	

	
	





			









Unless otherwise indicated, all entries in the LogisticsWorld Logistics Glossary are copyright 1997, Matthew D. Cox, logistics@logisticsworld.com.














 




  

    WWW Virtual Library of Logistics

    Ver 4, Sep, 1999, Matthew D. Cox, logistics@logisticsworld.com
    

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