Wire Transfer

What Does Wire Transfer Mean?
An electronic transfer of funds across a network administered by hundreds of banks around the world.

Investopedia explains Wire Transfer
Wire transfers allow people in different geographic locations to easily transfer money. Outside of North America, wire transfers are sometimes referred to as a 'telegraphic transfer' or t/t.

Related Terms

Bank
Check
Checking Account
Demand Draft
Electronic Check
Email Money Transfer - EMT
Fedwire
Remittance Float
Routing Transit Number - RTN
Rubber Check
More Related Terms

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