E-Bill
Short for electronic bill. A payee can make a purely electronic
version of your customer bill available for delivery and presentation to you
online. Not all payees offer electronic payment.
E-mail Address
Location to which an electronic mail message can be delivered.
E-mail addresses cannot be longer than 64 characters. A 2- or 3-character
extension after the period is required. For example,
smith@example.com.
Electronic Funds Transfer (EFT)
Electronic payment such as ACH or wire transfer.
Electronic Payment
Any non-paper type of payment.
Encryption
Computer-generated algorithm that allows secure communication
between parties.
Escrow Payment
Payment to a loan's escrow account for taxes, property insurance,
and other bills.
Estimated Payoff As Of
The date through which the estimated payoff amount is
effective.
Expedited Payment
Expedited payments are delivered faster than standard payments.
These payments are subject to a convenience fee that is automatically debited
from your funding account.
External Transfer
A movement of funds between an account at our financial institution
and an account at another financial institution.
External Transfer Account
Account held at another financial institution that you have set up
with us to use for transfers or loan payments.
