transfers

Transfers refer to the movement of funds or assets from one account or location to another. This can occur between personal accounts, such as moving money from a checking account to savings, or between different institutions, like sending money to a friend’s bank account. Transfers can be done electronically via online banking, mobile apps, or through physical methods like checks or wire transfers. They are common for managing finances, paying bills, or sending money across distances, making financial transactions more convenient and efficient.