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electronic fund transfer

 

Definitions from the Web

Electronic Fund Transfer

Part of Speech: Noun

Sense 1: The process of transferring money electronically from one bank account to another.

Sample Sentence: With electronic fund transfer, you can conveniently pay your bills without the need for physical cheques.

Part of Speech: Adjective

Sense 1: Referring to the electronic transfer of funds.

Sample Sentence: The electronic fund transfer system ensures secure and swift transactions between banks.


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