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Wire Transfer
(redirected from Telegraph Transfers)

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
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.

wire transfer


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