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WebAug 16, 2010 · An ACH transaction is an electronic funds transfer between bank accounts using a batch processing system. Simply defined, ACH fraud is any unauthorized funds transfer that occurs in a bank account ... WebFeatures & Benefits Transfer funds between accounts with just a few clicks Now you can transfer money between your SEFCU accounts and your accounts at other financial institutions or investment firms. We make it easy with just a few clicks. With our "Pay People" feature you can even transfer funds to a friend using his/her email address and …

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