Wire Transfer
Banking
A transfer of funds from one point to another by wire or network such the Federal Reserve Wire Network (also known as FedWire).
- — Dictionary of Banking Terms and Phrases
- — Dictionary of Banking Terms and Phrases retrieved 2014-05-16
Personal Finance
An electronic transfer of money from one person to another. A more narrow technical meaning, referring to one certain method of transferring funds, which usually involves an electronic transfer of funds from one credit union account to another.
- — Pocket Cents Glossary retrieved 2014-05-16