# Capital transfer system, electronic (electronic funds transfer system, EFTS)

- Canonical URL: https://www.gerhardmerk.de/capital-transfer-system-electronic-electronic-funds-transfer-system-efts
- Post ID: 589034
- Modified: 2023-07-25T20:59:59+00:00
- Language: en

## Definition

The settlement and clearing of transactions on the financial market via electronically controlled systems. - Preplanned, usually regularly executed account movements using an electronic network. - See settlement systems, exchange concentration, European, clearing house, automatic, Euroclear, remote access, retail payments, electronic, Target, Target 2-Securities, trade assignment, remittance system. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1