wire transfer

noun

: a transfer of funds (as from one bank account to another) by electronic or formerly by telegraphic means
… has steadily built alliances with financial-service providers … enabling it to offer services such as bargain-priced money orders and wire transfers.Wendy Zellner

Examples of wire transfer in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Her biggest heist came after that: a scam that involved tapping into the bank’s reserve funds and sending false wire transfers. Kalia Richardson, Rolling Stone, 19 Feb. 2025 In February 2024, a woman who was tricked by a computer support scheme that mimicked Microsoft customer support, transferred around $550,000 to the suspects in two wire transfers. Staff Report, Hartford Courant, 8 Feb. 2025 Prosecutors obtained texts, cell phone records and wire transfer data to prove illicit betting took place and which persons were involved. Michael McCann, Sportico.com, 31 Jan. 2025 Fund disbursement: The loans on our list deliver funds promptly through either electronic wire transfer to your checking account or in the form of a paper check. Note that the rates and fee structures advertised for loans are subject to fluctuate in accordance with the Fed rate. Jasmin Suknanan, CNBC, 19 Dec. 2024 See All Example Sentences for wire transfer

Word History

First Known Use

1878, in the meaning defined above

Time Traveler
The first known use of wire transfer was in 1878

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Cite this Entry

“Wire transfer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wire%20transfer. Accessed 8 Mar. 2025.

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