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Postal codes: USA: 81657, Canada: T5A 0A7

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What does EFTS stand for?

Electronic Funds Transfer System


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Information technology (IT) and computers
  • Business, finance, etc.

See other meanings of EFTS

Other Resources:

Link/Page Citation...

<< PreviousAbbreviation Database SurferNext >>
Ethernet File Transfer Protocol
European Federation of Tall People (Netherlands)
Electronic Funds Transfer at Point Of Sale
Electronic Federal Tax Payment System
Electronic Funds Transfer Payment System
Edwards Flight Test Range (California, USA)
Engineering Flight Test Requirements
European Forum for Teachers of Religious Education
Electronic Fingerprint Transmission Specification
Electronic Full-Text Sources (University of Chicago Library and The ARTFL Project)
Electronics Fundamentals Training Section
Elementary Flight Training School (British Commonwealth Air Training Plan)
Elementary Flying Training School (RAAF)
Enhanced Flight Termination System
Equivalent Full Time Student
Equivalent Full Time Student Load (aka Effective Full Time Student Load; education funding calculation factor; Australia)
Equivalent Full Time Student Unit (Australia)
Exceptional Family Transitional Training
European Fishing Tackle Trade Association
Experimental Feasibility of Targets for TRAnsmutation (group of European laboratories and institutes)

Samples in periodicals archive:
BB:XCEL - News), a developer of a patented mobile payments & banking platforms, today confirmed issuance of patents in Australia (number 731121) and New Zealand (number 334917) titled 'Automated Electronic Funds Transfer System and Method,' which cover the automated data interchange to achieve transactions between customers (buyers) and merchants (sellers) over local wired or wireless links.
For this reason the electronic funds transfer system is a key component of the Unites States payment and settlement system and it is this system which is used to make inter-bank transfers between dealers in the forex market.
Setting up an electronic funds transfer system early.
Beginning July 1, 1997, employers whose 1995 employment tax deposit equaled or exceeded $50,000 must enroll in the Electronic Federal Tax Payment System (EFTPS), an electronic funds transfer system which replaces the existing paper coupon system.
1, 1977 to July 1, 1997) by which the IRS was required to implement the 1997 phase of the electronic funds transfer system.
The IRS supports the electronic funds transfer system because it makes payments more timely and efficient.
The temporary success of this scheme raised concerns of cardholders about the security of their cards, bank accounts, and the electronic funds transfer system.
The ACH Network is a highly reliable and efficient nationwide batch-oriented electronic funds transfer system governed by the NACHA Operating Rules that provides for interbank clearing of electronic payments for participating depository financial institutions.

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