wire transfer

(redirected from Cable Transfer)
Also found in: Encyclopedia.

Wire transfer

Electronic transfer of funds; usually involves large dollar payments.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

wire transfer

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Concord additionally noted that all translations from CNY to USD are at CNY6.8259 to USD1.00, the effective noon buying rate as of 31 December 2009 in New York city for cable transfers of CNY as certified for customs purposes by the Federal Reserve Bank of New York.
The reversal is a significant victory for local governments, as the district court's ruling was read by many in the cable industry as a decision to strictly limit local authority to review cable transfers.
Cable transfers more messages faster and the system deals with faults more easily.
To purchase and sell the following foreign currencies in the form of cable transfers through spot or forward transactions on the open market at home and abroad, including transactions with the U.S.