A prefix meaning one hundredth (1/100). Example: 1/100th of a meter is called a centimeter (there are 100 centimeters in a meter).
EFT Debits (Normal Debit Orders) EFT Debits, previously known as Magtape debits or ACB, allows a business or organisation to debit the account of their client in order to fulfil the obligations of an underlying agreement.
Registration for EFT Internet is a simple one-time process. In order to have your funds deducted electronically from your account you will have to provide us with the following bank account information; your bank account number, your bank routing number, and the type of bank account the payment is being deducted from.