Funds Transfer System Law and Legal Definition
Funds-transfer system" means a wire transfer network, automated clearing house, or other communication system of a clearing house or other association of banks through which a payment order by a bank may be transmitted to the bank to which the order is addressed.
Legal Definition list
Related Legal Terms
- 9-1-1 System
- Accelerated Cost Recovery System
- Active Solar System
- Actuarially Sound Retirement System
- Adaptive Ecosystem Management
- Additional Funds Needed [AFN]
- Administrative Governor [Federal Reserve System]
- Administrative Subdivision of Funds
- Administrative Takedown Funds [Transportation]
- Adoption and Foster Care Analysis and Reporting System (AFCARS)
