InvestorWords.com

An electronic transfer of funds. Wire transfers typically transfer money from one bank account to another. U.S. domestic transfers are typically conducted using the Federal Reserve Wire Network, while international transfers are typically transacted via SWIFT. Western Union is the most common way to complete transactions between individuals, not financial institutions. Wire transfers are considered the safest way to transfer money internationally.

• Benefits and Risks Associated with Bonds
• Rearranging a Portfolio with ETFs
• Prospectuses, Annual Reports, and Other Documents
• Cash Flow Statements Explained
• Introduction to the Federal Reserve and its Structure
• How to Budget for Post-Secondary Education

Featured Advertiser