| 单词 | electronic transfer of funds |
| 释义 | electronic transfer of funds = ETF The transfer of money from one bank account to another by means of computers and communications links. Banks routinely transfer funds between accounts using computers; another variety of ETF is the telebanking service enabling the Viewdata network to be used for banking in a customer's home. In the USA, the Electronic Transfer of Funds Act 1978 limits customer liability for unauthorized transfers to $50M. See also: |
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