Electronic Funds Transfer (EFT)
What is Electronic Funds Transfer (EFT)?
Electronic Funds Transfer (or EFT) is generally used in the context of the electronic remittance of federal/state taxes. It also refers to select wire transfers of money (benefits, certain vendors, etc.) made by the Treasurer.
Pay Your People Confidently.
BambooHR makes running your payroll easy, quick, and stress-free.