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EFT Meaning in Chat or Text Messages Online
This guide about eft meaning in chat or text messages online is all you need to get a clear picture.
Without wasting your time, let's dive straight into explaining what it means.
What Does This Mean in Texting?
EFTElectronic funds transfer
EFT is an acronym that stands for Electronic Funds Transfer. This term is often used when referring to sending money electronically from one bank account to another.
Example:
Person A: "Could you transfer me the money for the concert tickets?"
Person B: "Sure, what's your preferred method of payment?"
Person A: "I prefer EFT. Here are my bank details."
Example:
Person A: "Could you transfer me the money for the concert tickets?"
Person B: "Sure, what's your preferred method of payment?"
Person A: "I prefer EFT. Here are my bank details."