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  2. SWIFT - Wikipedia

    en.wikipedia.org/wiki/SWIFT

    The Society for Worldwide Interbank Financial Telecommunication (Swift), legally S.W.I.F.T. SC, is a cooperative established in 1973 in Belgium (French: Société Coopérative) and owned by the banks and other member firms that use its service. SWIFT provides the main messaging network through which international payments are initiated. [2]

  3. 10 Best Ways To Send Money Quickly and Safely - AOL

    www.aol.com/10-best-ways-send-money-000643868.html

    Opening an account is free — and so is sending and receiving money unless you fund the transfer with a credit card. Card transfer fees are 3% but the fee can be avoided, thanks to the other ...

  4. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Electronic funds transfer (EFT) is the transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems. The funds transfer process generally consists of a series of electronic messages sent between financial institutions directing each to make the debit ...

  5. Wire transfer - Wikipedia

    en.wikipedia.org/wiki/Wire_transfer

    The sending bank typically collects a fee separate from the funds being transferred, while the receiving bank and intermediary banks through which the transfer travels deduct fees from the money being transferred so that the recipient receives less than what the sender sent.

  6. How To Make Instant Money Transfers With Routing and ... - AOL

    www.aol.com/finance/instant-money-transfers...

    Electronic money transfers are the fastest and most convenient way to move funds, whether you’re splitting a restaurant bill with friends or sending a birthday gift to a relative.

  7. SWIFT message types - Wikipedia

    en.wikipedia.org/wiki/SWIFT_message_types

    The group indicated by 0 is a financial institution transfer. The third digit (3) is the type that denotes the specific message. There are several hundred message types across the categories. The type represented by 3 is a notification. A MT103 message is considered a "Single Customer Credit Transfer" and is used to instruct a funds transfer. [4]

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