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			Electronic Funds Transfer (2) - 

EFT is a technology (one of the electronic commerce technologies) that allows the transfer of funds from the bank account of one person or organization to that of another. EFT is also used to refer to the action of using this technology. It is an important addition in the organization       

 Acronym: EFT

 Reference: ECRC University of Scranton / Defense Logistics Agency

Related Terms: Electronic Funds Transfer (2) - 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,


WWW Virtual Library of Logistics
Ver 4, Sep, 1999, Matthew D. Cox,
Sponsored by LogisticsWorld.
Copyright 1995, 1996, 1997, 1998, 1999 MDC, All rights reserved.