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 referred to as a "bag" (from the rhyming slang "Bag of Sand"), e.g., £4,000 would be called 4 bags. A "oner" (one-er) has referred to various amounts from one shilling to a pound, to now meaning £100 or £1,000, and a "big one" denoting £1,000. A "oncer" referred particularly to a one-pound note, now defunct. It is also fairly common now in the UK to count backwards from these large denominations using the word "down", e.g. £380 might be "four ton, 20 down" in UK slang. Other rhyming slang expressions for particular quantities of money in the United Kingdom include: