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 ...
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 ...
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 ...