Translation guide
EFT is an acronym for Electronic Funds Transfer, referring to the digital movement of money between accounts. In Japanese, it is commonly referred to by the English acronym or translated terms.
The general concept of transferring money electronically between bank accounts.
In casual conversation, people may simply say 振込 (furikomi) for bank transfers. For international transfers, 海外送金 (kaigai sōkin) is used.
The formal Japanese translation, used in official documents.
We introduced an electronic funds transfer system.