What is electronic funds transfer?
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padriac
Apprentice
Joined: 20 May 2005
Posts: 8
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 Posted: 05/12/08 - 10:28 Post subject: |
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Being financial illiterate is a hard thing now days. I think that it would be better to be blind then to be financially illiterate like I am. But enough about what I am all about, but let us talk about how you can help me in this situation. What is electronic funds transfer?
It is as simple as this.
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hobey
Apprentice
Joined: 08 Dec 2006
Posts: 2
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| Posted: 06/11/08 - 01:29 Post subject: |
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| It is simple and you will understand it easily. I know that you feel that you will not be able to understand this at once, but believe me that this is nothing to be afraid of. Let us say that you have two bank accounts in a different banks. So you would like to place one amount of money from one account to another. The best way to do this and the only ways now days is to do the electronic transfer of funds. This means that you can do everything on a computer and you don’t have to go from one place to another and do make some god forsaken paper work. |
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mathew41040
Apprentice
Joined: 11 Jun 2008
Posts: 9
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| Posted: 06/16/08 - 05:12 Post subject: |
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| hobey wrote: | | It is simple and you will understand it easily. I know that you feel that you will not be able to understand this at once, but believe me that this is nothing to be afraid of. Let us say that you have two bank accounts in a different banks. So you would like to place one amount of money from one account to another. The best way to do this and the only ways now days is to do the electronic transfer of funds. This means that you can do everything on a computer and you don’t have to go from one place to another and do make some god forsaken paper work. |
I am agreed with hobey's advice. It really helps to clear the doubt from our minds. |
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