Electronic Funds Transfer (EFT): The electronic exchange (transfer of money from one bank account to another), either within a single financial institution or across multiple institutions, through ...

Electronic fund transfer (EFT): Sponsors can send funds electronically, either through an ACH or wire. An electronic fund transfer requires additional information to identify the award to which it ...

Units must complete the Incoming EFT Form prior to the initiation of a wire/ACH transfer by the payor, and send to Depository Services in order to identify the incoming revenue. When funds are ...