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
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
For instance, a fraudster may call your company to pretend to be a senior executive, urgently requesting a wire transfer to close a deal. Frank Sorrentino, Forbes, 30 Oct. 2024 Spencer Platt | Getty Images The department said people are not required to pay a fee to get disaster relief, and that only scammers will repeatedly push for somebody to pay for services by wire transfer, gift card, payment apps, cryptocurrency or cash. Kristian Burt, CNBC, 9 Oct. 2024 In the meantime, consumer advocates are pushing for the EFTA to include wire transfers and checks. Alana Semuels, TIME, 13 June 2024 Fund disbursement: The loans on our list deliver funds promptly through either an electronic wire transfer to your checking account or in the form of a paper check. Jasmin Suknanan, CNBC, 31 Oct. 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

Dictionary Entries Near wire transfer

Cite this Entry

“Wire transfer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wire%20transfer. Accessed 18 Nov. 2024.

Last Updated: - Updated example sentences
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