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Wire transfer - Wikipedia, the free encyclopedia |
 | | Wire transfers can be done by a simple bank account transfer, or by a transfer of cash at a cash office. |
 | | Wire transfers have been available since the advent of the telegraph, when the sender, at one bank, would communicate by telegraph (wire) the amount of money to be given to another person. |
 | | In modern times, the word wire transfer or bank transfer (sometimes combined as bank wire transfer) is used for domestic or international transactions where no cash or cheque exchange is involved, but the account balance is directly (electronically) transferred from one bank account to the other. |
| en.wikipedia.org /wiki/Wire_transfer (304 words) |
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