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previous electronic funds transfer - collezione «Diritto ed Informatica: Diritto Internet» - Annalisa Storto next
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Diritto ed Informatica: Diritto Internet

English
electronic funds transfer clicca per ingrandire
Acronym EFT
Phraseology electronic funds transfer system
Context Current electronic funds transfer systems have no method of ensuring that payment is made only against the security of documents of title. EFTs are simply internal accounting exercises on the computers involved, and until dematerialised bills of lading and other documents of title are devised, no electronic equivalent of the letter of credit is possible.
Context source (B)reed10
Subject field Information Technology
Comprehensive concept electronic transaction < electronic commerce
Related concept electronic payment system
it trasferimento elettronico dei fondi
Reliability code 3



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