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 ?
Stay up-to-date with Digital Money Transfer Market research offered by HTF MI.
In June of the current year, money transfers from Azerbaijan to Georgia increased by 1.16% to stand at $ 1, 67 mln., APA's local bureau reports citing the report of Georgia's Central Bank.
Money transfer services provider MoneyGram (NASDAQ: MGI) has announced a new digital money transfer service in partnership with Canada Post, which enables money transfer consumers to start a transaction online and complete it at select Canada Post locations, the company said.
Pimentel's bill also imposes strict limitations in the rates that remittance agents and companies may use in money transfer transactions.
Customers can walk-in and choose from a broad range of financial services such as instant money transfer, real-time account credit facility, foreign currency exchange, and mobile recharge.
Tagaza stressed the need for modern digital money transfer to the Philippines.
Tagaza said overseas Filipinos (OFs) in Canada and other clients would benefit most from this new partnership with Crosslinks Money Transfer.
BEIRUT: All money transfer offices must pay cash wired electronically from abroad to the recipients in Lebanese pounds only and not in U.S.
Molly Shea, Senior Vice President & General Manager, Global Money Transfer, Asia Pacific, Western Union, said, "We are accelerating our digital presence to mirror our iconic retail footprint globally and locally to offer customers multi-channel choice to suit all their money transfer needs.
Santa Clara, CA, November 19, 2018 --(PR.com)-- CompareRemit, a leading online money transfer comparison marketplace, has announced the launch of a new corridor from Canada to India.
The transactions to be conducted via a new money transfer system, as well as parcel delivery will be carried out at postal points operated by Azerpost and PTT, Azerpost LLC said in a message.
Universal Storefront Services Corporation (USSC), a nationwide financial services store network, and Western Union, a leader in cross-border, cross-currency money movement, have expanded digital money transfers in the Philippines by integrating Western Union money transfer service within the USSC Super Service mobile app, providing convenient services for customers at their fingertips.