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 "Lady Godiva" for a fiver (£5), or a "Jacks" - Jackson Five (extremely rare) and "diver" for pearl diver (common Glasgow usage). A "Cockle" is £10 - Cock and Hen — ten (also "Ayrton", from Ayrton Senna/Tenner). A "Bobby" is £20 - Bobby Moore (score). In London financial culture, a billion pounds or, more often, US dollars, is referred to as a 'yard'. This derives from the old British English word for a thousand million, a milliard, which has now been replaced by the 'short scale' name 'billion' from US English. The term 'million' for a million pounds or dollars