What is a EFT Payment
Electronic Funds Transfer. These are funds transferred electronically through the Automated Clearing House (ACH).
Russell uses EFT: (a) to move money into its funds, when clients request the Automated Investment Plan option; or (b) to move money to clients, when they request Systematic Withdrawal Payments.For over 1,000 additional terms and definitions please see our Investment Glossary Guide.
Related to EFT Payment :
- Geographical Hedge Fund Guides
- Hedge Fund Employment Guide
- Financial Certification
- Investment Book
- Hedge Fund Terms and Definitions
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