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  2. Quicken Interchange Format - Wikipedia

    en.wikipedia.org/wiki/Quicken_Interchange_Format

    Payee. Or a description for deposits, transfers, etc. Banking, Investment: PStandard Oil, Inc. A Address of Payee. Up to 5 address lines are allowed. A 6th address line is a message that prints on the check. 1st line is normally the same as the Payee line—the name of the Payee. Banking, Splits A101 Main St. L Category or Transfer and ...

  3. Open Financial Exchange - Wikipedia

    en.wikipedia.org/wiki/Open_Financial_Exchange

    The specification allows for bank- and application-specific extensions, although only a subset is necessary to describe a financial transaction. Versions 1.0 through 1.6 relied on SGML for data exchange, but later versions are XML based. According to the main OFX site, "The specification is freely licensed, allowing any software developer to ...

  4. QFX (file format) - Wikipedia

    en.wikipedia.org/wiki/QFX_(file_format)

    QFX is used in Intuit's "Web Connect" and "Direct Connect" features to transmit and receive financial information over the internet. [1] [2] [3] A QFX file is a standard OFX file with additional fields to support a licensing fee paid by institutions to Intuit. In contrast, the standard OFX format is a free and open standard. [4]

  5. What's the Fastest Way to Transfer Money From One Bank to ...

    www.aol.com/lifestyle/whats-fastest-way-transfer...

    Instant transfer fees: While most payment apps don’t charge for standard transfers, opting for an instant transfer often comes with a fee. This fee typically ranges from 0.50% to 1.75% of the ...

  6. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems. The funds transfer process generally consists of a series of electronic messages sent between financial institutions directing each to make the debit ...

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