Money Transfer

Money transfer is a process of sending funds from one individual or entity to another, typically via banks, digital platforms, or transfer services. It involves securely moving money electronically between accounts, often across different locations and currencies. The sender initiates the transfer by providing recipient details and funds, which are then processed through financial networks. The recipient receives the funds in their account or as a cash payout, usually within a specified timeframe. Money transfers facilitate global commerce, personal transactions, and remittances efficiently and securely.