wire transfer (redirected from Money wire)

Wire Transfer

An electronic transfer of funds across a network administered by hundreds of banks around the world.

Notes:

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.

See also: Bank, Checking Account

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Wire transfer

Electronic transfer of funds; usually involves large dollar payments.

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wire transfer

See electronic funds transfer (EFT).