Also means
perform
Usage Note
Effectuer is a formal, administrative verb used when an action is carried out according to a plan or procedure — you effectuez a payment, a transfer, a repair, or a maneuver. It is largely interchangeable with réaliser or accomplir but feels more bureaucratic. Avoid it in casual speech, where faire almost always works.
Examples
"Il a effectué le virement ce matin."
Natural Translation
He carried out the bank transfer this morning.

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