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2. Wire transfer - Wikipedia

   en.wikipedia.org/wiki/Wire_transfer

   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 .

3. What Is a Wire Transfer? Your Guide - AOL

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4. MT202 COV - Wikipedia

   en.wikipedia.org/wiki/MT202_Cov

   Wire transfers sent over the SWIFT network were originally completed by the serial transfer of MT103 (customer credit transfer/cash transfer) messages from the initiating financial institutions to the customer via different financial institutions.

5. 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]

6. Clearing House Interbank Payments System - Wikipedia

   en.wikipedia.org/wiki/Clearing_House_Interbank...

   The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value wire transfer transactions. [1]As of late 2024, it settles approximately 500,000 payments totaling US$1.8 trillion per day. [2]

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8. SWIFT - Wikipedia

   en.wikipedia.org/wiki/SWIFT

   Swift acts as a carrier of the "messages containing the payment instructions between financial institutions involved in a transaction". [ 2 ] : 35 [ 11 ] However, the organisation does not manage accounts on behalf of individuals or financial institutions, and it does not hold funds from third parties.

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