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 because of the association with a shrapnel shell and "wad" or "wedge" for a bundle of banknotes, with "tightwad" a derogatory term for someone who is reluctant to spend money. Similar to " shrapnel" the use of "washers" in Scotland denotes a quantity of low value coinage. Quantities of UK 1p and 2p coins may be referred to as "Copper", 5p, 10p, 20p, and 50p coins as "Silver" and £1 and £2 coins as "Bronze" due to their colour and apparent base metal type. "Brass" is northern English slang for any amount of money. The one pound note still in