What does EFT Mean – What is EFT?

Definition and Meaning

The acronym EFT short for Electronic Funds Transfer, it is the transfer of money from one bank account to another accomplished in electronic form. The transfer can be performed within one financial institution or across multiple entities. The transfer is accomplished through systems that are computer-based and without any interruption or intervention by the staff …

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What does SAE Stand for?

Definition and Meaning

The acronym SAE, also known as the Society of Automotive Engineers is a US based and globally active standard and professional association for engineering professionals that pertain to multiple industries. It has a major emphasis on transport industries such as commercial vehicles, automotive and aerospace. The association is designed to coordinate the overall development of …

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