The Electronic Funds Transfer module enables organizations to securely originate, authorize, approve, monitor and audit electronic payments based on their unique payment policies.
Electronic Funds Transfer (EFT) module is a financial institution independent electronic funds transfer system that utilizes an ISO 20022 compliant payment interface to communicate with financial institutions. EFT provides a configurable workflow engine that organizations can use to replicate their Account Management and EFT approval process within EFT. EFT module can function in a standalone mode or can co-exist seamlessly with the Treasury Sciences Suite.
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