Terms Used In Indiana Code 27-4-10-4

• Automated Clearing House Network payment: means a payment made under National Automated Clearing House Association standards adopted in 45 C. See Indiana Code 27-4-10-1
• 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}