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Wire Transfer |
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Wire transfer Electronic transfer of funds; usually involves large dollar payments.
Wire Transfer The direct, electronic transfer of funds from one bank account to another. Wire transfer is instantaneous and is a fairly common way to send funds to another party very quickly. However, wire transfers sometimes have higher fees than, say, writing checks. Outside North America, wire transfers are sometimes known as telegraph transfers. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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On March 5 of her retirement year, the bookkeeper presented a bank transfer slip to the CEO transferring $35,000 from savings to checking to cover that week's checks. In Japan, payment in cash or by bank transfer have until recently been the most common methods of settling utility and other bills. The federal banking agencies announced on September 28, 2005, the issuance of orders granting emergency relief to bank transfer agents affected by Hurricane Katrina. |
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