Electronic Transfer Account

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Definition: Electronic Transfer Account

Electronic Transfer Account

Quick Summary of Electronic Transfer Account

Federally-insured electronic funds account authorized by the US Treasury to individuals receiving federal payments, such as Social Security benefits, Veterans Administration benefits and Railroad Retirement Fund benefits. Funds are received only through direct deposit and can only be transferred through ATM, debit card or other electronic means.

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Synonyms For Electronic Transfer Account

ETA

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https://payrollheaven.com/define/electronic-transfer-account/
Modern Language Association (MLA):
Electronic Transfer Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/electronic-transfer-account/.
Chicago Manual of Style (CMS):
Electronic Transfer Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/electronic-transfer-account/ (accessed: April 18, 2024).
American Psychological Association (APA):
Electronic Transfer Account. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/electronic-transfer-account/

Definition Sources

Definitions for Electronic Transfer Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.