The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ELECTRONIC TRANSFER Definition & Legal Meaning

Definition & Citations:

Online process of moving any funds from any one account to any other account. It can take various forms, including a retail purchase by credit or debit card, or bill paying automatically scheduled online, or even as simple as moving money between an individual’s various accounts, like from savings to checking.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.