wire transfers
Bank-to-bank sends
Wire transfers are electronic movements of money from one bank account to another, typically used for large or time-sensitive payments.
Unlike checks or card transactions, wire transfers move funds directly between financial institutions, often completing within hours.
International wire transfers move money across borders: We wired the down payment to the escrow account.
The term emphasizes the historical use of telegraph wires to transmit payment instructions.
- bankingFinancial institution transactions
- bank accountFinancial storage for funds
- transactionsExchanges of value
- paymentFulfilling a financial obligation
- currencyMedium of exchange
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- Banking servicesloans, mortgages, credit cards, savings accounts, checking accounts
- corporate bankingcorporate finance, corporate loans, debt financing, cash management, credit lines
- RemittancesWestern Union, MoneyGram, Wise, mobile money, money orders
- bankingbank, banks, ATM, ATMs, account
- paymentspayment, monthly payment, cash payment, payment date, credit cards
- banking systemstransactions, deposits, withdrawals, balances, accounts
wire transferscash
Ready spending funds
paper money · hard currency · coins · banknotes · checks
wire transferspostal money orders
Prepaid payment documents from post offices
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