By setting up auto invoice,can we consider it as Electronical/EFT or Electronic wiring set up?
Or Electronic/EFT and Electronic wire has a different set up?

Sorry for the late reply.

EFT (Electronic Fund Transfer) payment is an electronic transfer. Oracle spills out an EFT file that is transferred to the bank. You can either ftp this file or upload it to your banks's website or use some other way of transportation. You must record supplier's bank account information in Oracle for EFT transfers.

Wire is a payment that happens outside Oracle. You call your bank and request a transfer of money from your account to third party's bank account. Usually charges are hefty in wire. You record this payment as a manual payment (happening outside) in Oracle.