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Definition of wire transfer
An electronic transmission of money from one place to another. For example, you might request that your bank transfer money from your bank account in Vancouver to the account of a relative in Quebec City. To do this, you would provide the relative’s name and account number, as well as the address of the bank in Quebec City. Your bank would then "wire" the funds, which would usually arrive within a couple of days.
An international wire transfer system for high-value
Funds which are electronically credited to your account (e.g. direct deposit), or electronically debited from your account on an ongoing basis (e.g. a pre-authorized monthly bill payment, or a monthly loan or mortgage payment). A wire transfer is a form of EFT.
A wire transfer system for high-value payments operated by the Federal Reserve System.
A computer message system linking major banks. It is used not for effecting payments, but as a
A transaction to move inventory from one storage bin to another.
Check made out directly by a local bank to a particular firm or person.
The transfer of funds between bank accounts through the Automated
The movement of inventory from one company location to
an intracompany charge for goods
Include a variety of subsidies, military aid, voluntary cancellation of debt,
Refers to resident immigrant workers' remittances to their country of origin as
ndividual or institution appointed by a company to look after the transfer of securities.
A grant or gift that is not payment for services rendered.
The price at which one unit of a firm sells goods or services to another unit of the same firm.
The price at which goods or services are bought and sold within divisions of the same organization, as opposed to an arm’s-length price at which sales may be made to an external customer.
an internal charge established for the exchange
The price at which one part of a company sells a product or service to
the time consumed by moving products or
Transferable put right
An option issued by the firm to its shareholders to sell the firm one share of its
The cost that a product accumulates during its tenure in another
Items in the current account of the balance of payments of a country's accounting books
A firm operating a private wire to its own branch offices or to other firms, commission houses or
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