wire transfer

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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 ?
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.
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Tagaza stressed the need for modern digital money transfer to the Philippines.
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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.
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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.
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