What are EFT funds? What do financial controllers do? What is digital banking? What is self-assessment in income tax? What is a Mortgage Credit Certificate (MCC)? What is internal benchmarking? What is a mortgage banker? What is a certification of payroll? What is split testing? What does...
EFT vs. wire transfer An electronic funds transfer (EFT) — sometimes called an e-transfer — is generally used in Canada only when you want totransfer moneyonline from one bank account to your alternate bank account at a different financial institution. Wire transfers can be used to send mon...
Direct deposit tax refunds Automatic bill pay ACH isn’t the only type of electronic payment though, so it can get confused with other payment methods. Let's take a look at a few common questions you may have. Is ACH payment the same as EFT? EFT, or electronic funds transfer, is a ...