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 ?
New Delhi [India], Sep 21 ( ANI ): World's first mobile payments switch TerraPay has announced its partnership with bux, a mobile app money transfer service to launch anywhere, anytime instant cross border money transfers from Australia, Hong Kong, the United Kingdom and Europe to India.
All introductory rates on the new credit card apply to balance and money transfers made within the first 60 days of opening the account.
A source in the Uzbek financial circles on 28 March 2014 said that Uzbekistan will present the new work rules for the banks' activity with the global money transfer operators from 1 April 2014.
com), who have been tracking money transfers via desktops and laptops, to do the same through their smart phones.
press-service told ArmInfo the bank offers money transfers to the remote countries and far abroad in terms of the Russian rubles, US
com, a global mobile payments company that has developed a free and instant alternative to money transfer services, announced today that they have entered into a distribution partnership with Dinero Ahora, a leading money transfer marketing company serving 1,200 locations in the US.
The new service fee comes into effect following the successful launch and enthusiastic reception of the reduced pricing for money transfers for the Kuwait-Kerala corridor,' said Jean Claude Farah, regional vice president for Middle East, Pakistan and Afghanistan, Western Union Financial Services.
We did some more research, took into account the voice of the customer, the Kuwaiti market and the diaspora dynamics here, as well as feedback from our extensive network of cooperation agents, and felt it was only prudent to extend the new fee for all money transfers to India," he added.
About 60% of the company's money transfers are international, with india, the Philippines, Ghana, and South Africa among the top destination markets for U.
This isn't the Postal Service's first foray into overseas money transfers.