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ACH Debit
An ACH debit occurs when the receiver’s account is debited.
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DFI (Development Finance Institution)
A development finance institution (DFI) is an alternative type of financial institution that provides credit via loans, equity and more.
Related Terms
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EFT (Electronic Funds Transfer)
The electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
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