1 Lauren Louise Photography is with and Brooke McDaniel at Church Hill Overlook. 2  Teresa Blankenship Harris added a new photo â at Church Hill Overlook. 3  Teresa Blankenship Harris updated her cover photo. 4  David Maughan added a new photo â at Church Hill Overlook. 5  David Maughan added a new photo â at Church Hill Overlook.
What is the difference between an Electronic Funds Transfer (EFT) and a Wire? Electronic Funds Transfer (EFT) An EFT (also sometimes referred to as Direct Deposit) is a method of electronically paying a vendor or person instead of issuing a cheque. Overall, EFT is the preferred method of electronic payment â this is the lowest cost option of payment
Home > Accounting Dictionary > E Terms > Electronic Funds Transfer. Electronic funds transfer or EFT is common with businesses and with individuals. Electronic funds transfer is the electronic communication used to transfer cash from one bank account to another. EFTs don't require paper or checks to transfer cash between accounts.