noun
electronic funds transfer; EFT
Technical term used in banking and computing for transferring money electronically between accounts.
電子振替決済を利用すれば、窓口に行かなくても送金できます。
By using electronic funds transfer, you can send money without going to a counter.
振込 is a general term for bank transfer, while 電子振替決済 specifically refers to the electronic system for such transfers.
Compound of 電子 (electronic), 振替 (transfer), and 決済 (settlement).