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To: No.6

Actually that is....Electronic Benefit Transfer.


30 posted on 10/15/2013 11:53:01 AM PDT by sheana
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To: sheana

> Actually that is....Electronic Benefit Transfer.

You’re right, although Electronic Bank Transfer is also a correct term for Electronic Funds Transfer or EFT.

It’s only “B” for Benefits because SNAP isn’t (directly) exchangeable at par value for cash; they have to buy something foodish and commit further fraud by selling that for cash.


51 posted on 10/17/2013 2:58:17 PM PDT by No.6 (www.michigansuibukan.com)
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