explain the various methods of e-banking?
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Electronic banking, also known as electronic funds transfer (EFT), is simply the use of electronic means to transfer funds directly from one account to another, rather than by cheque or cash. You can use electronic funds transfer to: Have your paycheck deposited directly into your bank or credit union checking account.
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- Electronic banking, also known as electronic funds transfer (EFT), is simply the use of electronic means to transfer funds directly from one account to another, rather than by cheque or cash. You can use electronic funds transfer to: Have your paycheck deposited directly into your bank or credit union checking account.
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