HomeDefinitionsCompareDebt Electronic Funds Transfer SystemsThe financial definition for Electronic Funds Transfer Systems:A variety of systems and technologies for transferring funds (money) electronically rather than by check. Includes Fedwire, automated clearringhouses (ACHs) and other automated systems. Similar MatchesClearing House Electronic Subregister System (CHESS)Clearing House Electronic Subregister System (CHESS)CHESS is the automatic transfer and settlement system for the majority of Australian Stock Exchange (ASX) listed securities. Electronic depository transfersElectronic depository transfersThe transfer of funds between bank accounts through the Automated Clearing House (ACH) system. Electronic Queriable CarrierElectronic Queriable CarrierA transporter of goods which allows tracking of goods in transit electronically using a waybill number such as United Parcel, Federal Express, etc. Further SuggestionsSwiss Electronic Bourse (EBS)Click to compare definitions of Electronic Funds Transfer Systems Click to view definitions beginning el |