What is wire transfer?

A wire transfer is the direct transfer of funds from the payer's account at one bank to the payee's account at another bank.

Wire transfer or credit transfer is a method of electronic funds transfer from one person or institution (entity) to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.

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What is wire transfer

Bank transfer process of converting a sum of money between the bank and the last

Banking conditions

And may transfer private companies between states

Is a way to transfer money electronically from one person or organization to another. It can make a wire transfer from a bank account to another or through the Office for the transfer of cash from one person to another.

An electronic transfer of funds across a network administered by hundreds of banks around the world. Wire transfers allow for individualized transfer of funds from single individuals or entities to other individuals or entities, while still maintaining efficiencies of fast and secure movement of funds.

Mr. Divyesh answered shortly and correct! ))

wire transfer is actually Telex transfer. which is done by one party to an other party via bank or any exchange company, to the bank

agree with all answer

Agreed to the answers of Mr. Divyesh and Mr. Mohd Asif.

It is the electronic funds transfer from one bank account to the other.