Terms Used In CFR > Title 45 > Subtitle A > Subchapter C > Part 162 > Subpart A - General Provisions

• Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) ^{Source: OCC}