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What is TEF in ScotiaConnect?

TEF stands for "Transferencias Electrónicas de Fondos" (Electronic Funds Transfers)

Consists of sending money from a bank account to other banks, through electronic channels.

Last updated September 18, 2024

Related Articles

  • Glossary of Terms

  • Is a specific beneficiary required to make TEF transactions from ScotiaConnect?

  • When can I see the account activity of an TEF payment reflected in ScotiaConnect?

  • What is the difference between SPEI and TEF in ScotiaConnect?

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