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E L T I stands for Electronic Liquidity Transfer Instruction.
Financial institutions and certain individuals are required to file E L T I.
E L T I can be filled out electronically through the designated platform provided by the regulatory authority.
The purpose of E L T I is to track and monitor the movement of funds between accounts for regulatory compliance purposes.
E L T I requires the reporting of details such as the sender's information, recipient's information, amount transferred, and purpose of transfer.
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