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.

wire transfer

References in periodicals archive ?
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.