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Form 2248, Electronic Funds Transfer EFT Debit Application Mi

Form 2248, Electronic Funds Transfer EFT Debit Application Mi

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hi my name is Martin McNicoll founder  of GURUS and author of "Scale Up Your   Business with cloud technology" and today i'm  going to answer the question what's an eft eft is short for electronic fund transfer to  put it simply an eft is what happens when you   take money from one bank account and you send  it to another without relying on another human   being to handle the transaction instead a secured  network is playing the role of the bank teller   our world runs on eft and it includes atm when  you withdraw money he transfers when you receive   money from an individual and electronic bill  payments when you pay your bill on your bank's   website this technology is already present  everywhere in our lives but how can it improve   your business operations eft is not  only a staple of day-to-day operations   it's also a game changer when you  can't go to the office anymore   for example your head office in the industrial  neighborhood might be temporary

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