EFT (Canada)

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf Electronic funds transfer system
gptkbp:alternativeTo gptkb:Interac_e-Transfer
cheques
wire transfers
gptkbp:country gptkb:Canada
gptkbp:currency gptkb:Canadian_dollar
https://www.w3.org/2000/01/rdf-schema#label EFT (Canada)
gptkbp:operatedBy Canadian financial institutions
gptkbp:regulates gptkb:Payments_Canada
gptkbp:requires bank account number
institution number
transit number
gptkbp:settlementPeriod 1-2 business days
gptkbp:supports direct deposit
bill payments
pre-authorized debit
gptkbp:usedBy gptkb:government_agency
individuals
businesses
gptkbp:usedFor transferring funds between Canadian bank accounts
gptkbp:bfsParent gptkb:ACH
gptkbp:bfsLayer 4