Paperless Entry
Barron's Banking Dictionary:
Top
Paperless Entry
1. Transfer of funds, initiated by telephone or instruction from a computer terminal rather than a check or draft.
2. Electronic deposit of pay or benefit payments from a government agency or private organization into a depositor's account.
See also Book Entry Security; Direct Deposit; Electronic Funds Transfer.
Post a question - any question - to the WikiAnswers community:
Copyrights:
Barron's Banking Dictionary
Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.
Read more