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A wire transfer can be made from one bank account to another bank account, or through a transfer of cash at a cash office. Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and the cost, value, and volume of transactions .
An international wire transfer sends money from one country to another, and a domestic wire transfer moves money from one bank account to another within the same country.
Money order, transfer by postal cheque, money gram or others; Postal order, purchased at a post office and is payable at another post office to the named recipient; Wire transfer, an international expedited bank-to-bank funds transfer
An international money transfer is a way of wiring money electronically from one country to another. This is typically done through a shared network of banks and other financial organizations.
Some of the most common ways to send or receive money electronically include ACH, EFT, and wire transfers.
A value transfer system may fall into one or more of these groups: Retail value transfer systems: Traditional retail value transfer systems, e.g. Bank transfer, Wire transfer, Post offices transfer service or specialist companies such as Western Union; Internet-only value transfer systems, e.g. Electronic money such as PayPal, eGold, Liberty ...
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