Electronic funds transfer systems. For example, in the United States, they may be referred to as "electronic checks" or "e-checks". In the United Kingdom, the term "bank transfer" and "bank payment" are used, while in several other European countries "giro transfer" is the common term. EFTs include, but are not limited to: Electronic funds transfer Electronic funds transfer (EFT) are electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff. According to the United States Electronic Fund Transfer Act of 1978 it is
Slang terms for money today include "spänn" and "bagis". "Riksdaler" (referring riksdaler, the former Swedish currency) is still used as a colloquial term for the krona in Sweden. A 20-kronor banknote is sometimes called "selma", referring to the portrait of Selma Lagerlöf on the older version of the note. Ready money (i.e. available cash) has been referred to in the United Kingdom as "dosh" since at least 1953; Brewer equates this term with "paying through the nose", "dosh" being a Russian-Jewish prefix referring to the nose, that is, paying in cash. The phrase itself "ready money" has also given rise to the far more