Image for Wire Transfers

Wire Transfers

A wire transfer is an electronic method of sending money directly from one bank account to another. It allows instant or same-day transfer of funds across banks, regions, or countries, making it a fast and secure way to move large amounts of money. The sender provides banking details, such as account numbers and the recipient’s information, and the banks coordinate to complete the transfer. Wire transfers are commonly used for significant transactions like real estate, international payments, or business deals due to their speed and reliability.