Discover how wiretransfers work, their safety measures, and potential costs involved in sending money quickly across banks internationally and domestically.
A wire transfer is a way to send money from one account to another electronically. Learn more about what they are, the different types, and how to use them.
Wire transfers help move money electronically from one person to another, domestically or internationally, using banks or transfer providers such as Western Union or Wise.
Learn the fundamentals of wire transfers, how they work, when they’re the right payment choice, and how to optimize them for domestic and international business payments.
A wire transfer is an electronic transaction that allows you to quickly send a large amount of money. Other money-transferring services limit how much money you can transmit, but wiretransfers allow you to send more than $10,000. Wiretransfers deliver funds to the recipient's bank account.
While automated clearing house payments and wiretransfers are both electronic solutions for moving money, they serve different purposes. Understanding their costs, speed, and security features can help you choose the best option.
What is a wire transfer? A wiretransfer is a way of moving funds electronically from one party to another, either directly, between two bank accounts, or from person to person. Wiretransfers use a nonbank third-party wire transfer service, like MoneyGram or Western Union.
A wire transfer is a common way to electronically move money from one bank account to another. They can be domestic (between two U.S. accounts) or between a U.S. and an international account.
What is a wire transfer? A wiretransfer is a method of moving money from one bank account to another bank account. They’re used by both individuals and businesses who value safety and speed.
Wire transfers help move money electronically from one person to another, domestically or internationally, using banks or transfer providers such as Western Union or Wise.