|Electronic depository transfers|
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Definition of Electronic depository transfers
Electronic depository transfers
The transfer of funds between bank accounts through the Automated
Check made out directly by a local bank to a particular firm or person.
DTC is a user-owned securities depository which accepts deposits of
any business activity that uses the Internet and World Wide Web to engage in financial transactions
Funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g. a pre-authorized monthly bill payment, or a monthly loan or mortgage payment). A wire transfer is a form of EFT.
The exchange of information electronically, directly from one firm's
the computer-to-computer transfer of information in virtual real time using standardized formats developed by the American National Standards Institute
An electronic funds transfer system used by businesses to remit taxes to the government.
A receipt issued by a bank as evidence of ownership of one or more
A book-entry depository for GNMA securities. The depository was initially operated by
Include a variety of subsidies, military aid, voluntary cancellation of debt,
Debits to its bank account in advance by the payer. The payer's
Refers to resident immigrant workers' remittances to their country of origin as
Items in the current account of the balance of payments of a country's accounting books
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