International Electronic Funds Transfer Service

From Open Risk Manual

Definition

International Electronic Funds Transfer Service. An electronic funds transfer (EFT) service involving the transfer of funds across national borders, that may also involve currency conversion


Synonyms

  • International Wire Transfer

See Also

  • Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.