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
State Secretariat for International Financial Matters State Secretariat for International Financial Matters The State Secretariat for International Financial Matters (SIF; French: "Secrétariat d'État aux questions financières internationales", German "Staatssekretariat für internationale Finanzfragen", Italian "Segreteria di Stato per le questioni finanziarie internazionali", Romansh "Secretariat da stadi per dumondas finanzialas internaziunalas") is an administrative unit of the Swiss Confederation. It is an office of the federal administration of Switzerland under the responsibility of the Federal Department of Finance, and was established on 1 March 2010. The State Secretariat for International Financial Matters defends Switzerland's interests in international financial, tax and monetary matters. It promotes international competitiveness, the integrity