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.
In seeking a dismissal of the lawsuit last April, Citigroup argued that the law expressly excluded wire transfers. Jonathan Stempel, USA TODAY, 22 Jan. 2025 Courts do not request payments through prepaid cards or wire transfers. Justin Gest, Newsweek, 20 Jan. 2025 Then, from 2018 to 2021, the department claimed, American Express deceptively sold wire transfer products known as Payroll Rewards and Premium Wire, making false claims about the products’ tax benefits. Tara Siegel Bernard, New York Times, 17 Jan. 2025 The advantages stablecoin transactions have over wire transfers include speed, traceability, finality, and, in some places, better foreign exchange rates, Paschini says. Brady Dale, Axios, 14 Jan. 2025 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 5 Feb. 2025.

Last Updated: - Updated example sentences
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