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Wire transfer, bank transfer, or credit transfer, ... I2 and I3 can (and often do) take money from the wire without any direct arrangement with the client.
Direct current (DC) is one-directional flow of electric charge. An electrochemical cell is a prime example of DC power. Direct current may flow through a conductor such as a wire, but can also flow through semiconductors , insulators , or even through a vacuum as in electron or ion beams .
Logo of the Fedwire fund transfer system. Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants (as of March 19, 2009). [1]
Alternating current can also be converted to direct current through use of a rectifier. Direct current may flow in a conductor such as a wire, but can also flow through semiconductors, insulators, or even through a vacuum as in electron or ion beams. An old name for direct current was galvanic current. [17]
A direct current flows uniformly throughout the cross-section of a homogeneous electrically conducting wire. An alternating current of any frequency is forced away from the wire's center, toward its outer surface.
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