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 ?
Like every other industry, the global remittance industry is constantly evolving and adapting newer techniques to simplify the process of money transfer - the latest being the launch of Xpress Money's XOPO - the world's first international money transfer service that allows users to send money globally via multiple social networks and messaging apps.
Through a connection to HomeSend, TransferGalaxy users will be able to send money transfers to multiple mobile wallet destinations worldwide.
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.
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.
The local banks will market and support distribution of iKobo's i-Kard for domestic and international money transfers marking the first-time senders and recipients in these countries will be able to choose a single service that uses either local or U.
All of which makes Peregrina and others with loved ones in Mexico very happy, but the traditional money transfer companies very uneasy.
Leading Money Transfer Company Kicks Off International Fraud Awareness Week With Enhanced Interactive Website to Educate Consumers on Common Money Scams
Inflow of money transfers to Kyrgyzstan comprised $791.
Money transfers can be performed by all Orange voice service customers; moreover, it is not necessary for those who transfer money and those who receive it to use the same voice service or the same tariff plan, but in any case they should have positive balance.