electronic transfer
Wired funds movement
Electronic transfer is the movement of money or data between accounts or systems using digital networks rather than physical exchange.
Bank transactions, wire transfers, and direct deposits are common forms: The payment was sent via electronic transfer.
The phrase often appears in financial and legal contexts where the method of transmission matters.
- direct depositFunds sent to account automatically
- mobile paymentPurchase via smartphone
- peer to peerDirect equal-to-equal connection
- online bankingInternet financial services
- SWIFTBank messaging infrastructure
routing number · bank account · digital wallet · remittance · payment gateway · encryption · PayPal · file sharing · server · e-payment · transaction fee · Venmo · router · network protocol · streaming · cryptocurrency · contactless payment
- paymentspayment, monthly payment, cash payment, payment date, credit cards
- Exchange Systemsbarter, currency, money, stock market, commodity exchange
- Payment Methodscash, credit card, debit card, check, cheque
- money transfersdirect deposit, EFT, remittance, payroll deposit, money order
- welfarewelfare, welfare reform, welfare system, SNAP benefits, public assistance
- moneydollar, euro, coin, cash, pound
electronic transfercash payment
Transaction using physical currency
cash · paper money · check · banknote · hard currency
electronic transfercheck
Order to pay
cheque · postal money order · money order · bank draft · cashier's check
electronic, transfer, electron, electronics, electronically, transfers, transferred, transferring, transferable