Draw and Electronic funds transfer at point of sale: Difference between pages

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imported>Doug Williamson
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imported>Administrator
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''Banking - funding - facilities.''
(EFTPOS).  
 
An electronic system whereby funds are moved automatically from a buyer's account to a seller's account, at the time of the purchase transaction.
To take funds from a borrowing facility or a bank account or similar account.
 


== See also ==
== See also ==
* [[Account]]
* [[Electronic funds transfer]]
* [[Cheque ]]
* [[Point of sale]]
* [[Clear]]
* [[Cleared balance]]
* [[Drawdown]]
* [[Drawee]]
* [[Drawer]]
* [[Drawings]]
* [[Facility]]
* [[Funding]]
* [[Undrawn]]


[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 14:19, 23 October 2012

(EFTPOS). An electronic system whereby funds are moved automatically from a buyer's account to a seller's account, at the time of the purchase transaction.

See also