Wire transfer: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Note that wire transfers are direct bank-to-bank transactions. Source: ACMF Specimen paper Q36.) |
imported>Doug Williamson (Simplify second sentence for clarity.) |
||
| Line 1: | Line 1: | ||
Term widely used in North America. | Term widely used in North America. | ||
A wire transfer is a same-day value electronic credit transfer. | |||
They are direct bank-to-bank transactions. | They are direct bank-to-bank transactions. | ||
Latest revision as of 16:35, 10 February 2017
Term widely used in North America.
A wire transfer is a same-day value electronic credit transfer.
They are direct bank-to-bank transactions.
