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electronic transfer
/ˌɛlɪktɹˈɑːnɪk tɹˈænsfɜː/
/ˌɛlɪktɹˈɒnɪk tɹˈansfɜː/
Electronic transfer
01
the movement of money or data from one account, location, or system to another using electronic systems, without physical exchange
Examples
She completed the payment through an electronic transfer to the supplier's account.
Electronic transfers are a quick and secure way to send money internationally.
