EFT

Electronic fund transfering - Electronic exchange of money between two accounts using compter based system with help of financial institution.
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Description
"EFTs include direct-debit transactions, wire transfers, direct deposits, ATM withdrawals and online bill pay services. Transactions are processed through the Automated Clearing House (ACH) network, the secure transfer system of the Federal Reserve that connects all U.S. banks, [|credit]  unions and other financial institutions." 

Contributor:
====This section provides additional examples with images and perhaps videos that further define the concept. Label images/videos Figure 1, Figure 2, etc with a title and place the APA citation at the bottom of the page.==== media type="youtube" key="IKTKbikO_L8" height="390" width="640" Very short video (which include recalls of customers) about the advantages of EFT (Contributor: Meruyert )

Resources
> http://www.insurbanc.com/electronic-fund-transfers.php > https://www.youtube.com/watch?v=IKTKbikO_L8 (Meruyert)
 * http://www.investinganswers.com/financial-dictionary/personal-finance/electronic-funds-transfer-eft-2328
 * ====Source to read -====
 * Electronic Funds Transfer (10 September,2013). Retrieved December 12, 2014 from