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 popular "readies", though there is debate as to whether this is an obvious reference to the immediate availability of the currency or the red and white colour of the British ten shilling Treasury note of 1914. The related term "cash on the nail" is said to refer to 17th century trading stands in Bristol and elsewhere, over which deals were done and cash changed hands. Other general terms for money include "bread" (Cockney rhyming slang 'bread & honey', money. This also became dough, by derivation from the same root), "cabbage", "clam", "milk", "dosh", "dough", "shillings", "frogskins", "notes", "duckets", "loot", "bones",