ECP meaning in Banking ?

Answer:

What is Electronic Check Processing mean?

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

According to the United States Electronic Fund Transfer Act of 1978 it is "a funds transfer initiated through an electronic terminal, telephone, computer (including on-line banking) or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit a consumer's account".

EFT transactions are known by a number of names across countries and different payment systems. For example, in the United States, they may be referred to as "electronic checks" or "e-checks". In the United Kingdom, the term "bank transfer" and "bank payment" are used, while in several other European countries "giro transfer" is the common term.

reference

Full Form	Category
Electronic Cell Protection	Academic & Science
Extra-Curricular Program	Academic & Science
Electric Control Posture	Academic & Science
Electoral College of Pakistan	Academic & Science
Early Childhood Program	Academic & Science
Electronic Communications in Probability	Academic & Science
Electrical Controller Products	Academic & Science
Electromagnetic Compatibility Program	Academic & Science
Education and Counseling Psychology	Academic & Science
Engineering Change Proposals	Academic & Science
Electronic Communications Policy	Academic & Science
Early College Program	Academic & Science
Engineering Committee of Pakistan	Academic & Science
Elephal Concrete Pump	Academic & Science
Electronic Check Processing	Banking
Experiential Certificate Program	Business
Enterprise Consulting Partners	Business
Euro-Commercial Paper	Business
Central Newspapers, Inc.	Business
Elder Care Products	Business
Environmentally Conscious Product	Business
Early Career Professional	Business
Early Career Psychologists	Business
Electronic Components Palace	Business
Engineering Consultants and Planners	Business
Emerging Capital Partners	Business
Embarcadero Capital Partners	Business
Ecopetrol S.A. (de-listed)	Business
Executive Career Partners	Business
Essential Community Providers	Community
Elementary Challenge Program	Community
Emergency Conservation Program	Community
Ecole Centrale Paris	Community
Educational Control Products	Community
Explorers Club of Pittsburgh	Community
End Credits Promotion	Community
Energy Conservation Plan	Community
Extended Capabilities Port	Computer Hardware
Enhanced Capability Port	Computer Hardware
Enhanced Capabilities Port	Computer Hardware
Exascale Computing Project	Computing
Embedded Controller Program	Computing
Excessive Cross Posting	Computing
Enhanced Compatible Port	Computing
External Compliance Program	Computing
Error Correcting Protocol	Computing
Electronic Compliance Packaging	Computing
Engineering Change Procedure	Computing
External Clock Prescaler	Computing
Enhanced Client Proxy	Computing
Enhanced Call Processing	Computing
Elliptic Curve Group	Computing
Earth Contact Products	Contact
Eclipse	Cryptocurrency
Electron Channeling Pattern	Electronics
Electronic (battery) Cell Protection	Electronics
Ecole Central de Pyrotechnic	General
EMF Client Platform	General
Exchange Credit Program	General
Easy Cost Planning	General
Equivalence Class Partitioning	General
Electronically Controlled Pneumatic	General
Extended Care Paramedic	General
Expedition Care Programme	General
Extended Control Panel	General
East Coast Parkway	General
External Casing Packer	General
Evil Clown Production	General
Expected Cumulative Progress	General
Extended Care Professional	General
Extended Care Pro	General
Ecole centrale de Paris	General
Elite Casino Products	General
EVGA Control Panel	General
Enhanced Client or Proxy	General
Exigent Circumstance Pack	General
Entertainment Control Panel	General
Enhanced Console Protocol	General
Enterprise Capacity and Performance	General
Equine Comfort Products	General
Endless Chain Pressure	General
Extended Connection Panel	General
Erosion Control Point	General
Enterprise Cache Protocol	General
Exemplary Course Program	General
Exchange Coupled Pair	General
Excessive Chargeback Program	General
Enhanced Communications Port	General
Exceptional Carry Pistol	General
Extended Connection Port	General
Earned Credit Program	General
Extremely Comfortable Paddle	General
Enhanced Content Protection	General
Elastic Connect Platform	General
Elastic Connection Platform	General
External Compliance Plan	General
Entertainment Cruise Productions	General
Exposure Control Plan	General
Earliest Collaboration Point	General
Extra Care Protection	General
Elantra Club Philippines	General
Electronic Chassis Program	General
Ecocruise Patrol	General
Electronic Chassis Platform	General
Euro Car Parts	General
Escarabajo Club Piura	General
Escarabajo Club del Peru	General
Euro Car Park	General
Eastern Car Park	General
Emergency Care Partners	General
Eosinophil Cationic Protein	General
Export Compliance Program	General
Expanded Collaborative Practices	General
Emergency Control Panel	General
Eligible Contract Participant	General
E Commerce Platform	Governmental
Emergency Contraception Pill	Governmental
Extreme Corporal Punishment	Governmental
Environmental Control Products	Governmental
Employee Concerns Program	Governmental
Environmental Control Plan	Governmental
Environmental Careers Program	Governmental
Election Commission of Pakistan	Governmental
Environmental Condition of Property	Governmental
Easyrider's Chat Page	Internet
Electronic Communications Portal	Internet
Emergency Care Practitioner	Jobs
Equivalance Class Partition	Maths
Emergency Contraceptive Pill	Medical
Eye Care Professional	Medical
External Counter Pulsation	Medical
Emotionally Challenged Person	Medical
Early Chronic Phase	Medical
Ectrodactyly-Cleft Palate	Medical
Effective Clinical Practice	Medical
Effective Conduction Period	Medical
Effector Cell Precursor	Medical
Electronic Claims Processing	Medical
Emergency Care Provider	Medical
Endogenous Circadian Pacemaker	Medical
Enteritis Cystica Profunda	Medical
Eosinophilic Cationic Protein	Medical
Erythroid Committed Precursor	Medical
External Cardiac Pressure	Medical
Extra-Cellular Polymer	Medical
extracellular polysaccharides	Medical
extracellular protein	Medical
extracorporeal photoimmunotherapy	Medical
extracorporeal photopheresis	Medical
Electronic Costume Party	Messaging
Event Control Panel	Military and Defence
Exercise Control Plan	Military and Defence
Emergency Command Precedence	Military and Defence
Early Commissioning Program	Military and Defence
Entry Control Point	Military and Defence
Encryption Control Protocol	Networking
Enhanced Communication Port	Networking
Effective Core Potential	Physics Related
European Cooperative Programme	Regional
European Certificate of Psychotherapy	Regional
European Cultural Parliament	Regional
Northwest Florida Beaches International Airport, Panama City Beach, Florida USA	Regional
Engineering Change Proposal	Softwares
Electronic Control Panel	Space Science
Explicitly Coded Program	Space Science
Emergency Contraceptive Pills	Sports
East Coast Pilot	Sports
Exchange Control Panel	Telecommunication