Question

network allows user to exchange money from one bank account to another via electronic fund transfer​

Answer 1

Automatic Clearing House (ACH)

Most banks use the Automatic Clearing House (ACH) network for electronic bank transfers, which is a quick and secure way to transfer money. Here's how it works: Initiation. Sender initiates a direct deposit or direct payment transaction with their bank and the bank makes an ACH entry of the request.

Answer 2

Answer:

electronic fund tranfer