_________ means the transfer of money from one bank a/c to another electronically.

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EFT means the transfer of money from one bank a/c to another electronically. EFT stands for Electronic Funds Transfer, which is the process of transferring money from one bank account to another electronically. This can be done through a variety of methods, such as wire transfers, ACH (Automated Clearing House) transfers, and online banking transfers. EFTs are typically faster and more secure than traditional paper-based methods of transferring funds, and they have become a popular way for individuals and businesses to send and receive payments.

_________ means the transfer of money from one bank a/c to another electronically.

EFT

SWIFT

NEFT

E-purse

The correct answer is `No. 1: EFT`

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_________ means the transfer of money from one bank a/c to another electronically.

EFT

SWIFT

NEFT

E-purse

The correct answer is No. 1: EFT

The correct answer is `No. 1: EFT`