Explain what is wire Transfer and how to transfer money
Explain what is wire Transfer and how to transfer money
Allowaar Transfer, is to convert the amount of money electronically from a bank account of a person or institution, to a bank account to another person or institution, and of course both parties referees identity (with their banks)
And actually, in the process of transfer of remittances Allowaar there's no real money (concrete) and it was the conversion through the electronic banking network, and adjustments in the accounts receiving the estimated amount of the other party. And therefore there is not any money, paper is converted in the conversion process, or directly hand, as happens when the amount of the deposit at a bank employee (ATM).
I mean, you're turning to the amount of $ 100 to the United States, for example, $ 100 Fall thy who paid by mail and will not travel etc. so collected and received from the other party
Allowaar Transfer, is to convert the amount of money electronically from a bank account of a person or institution, to a bank account to another person or institution, and of course both parties referees identity (with their banks)
And actually, in the process of transfer of remittances Allowaar there's no real money (concrete) and it was the conversion through the electronic banking network, and adjustments in the accounts receiving the estimated amount of the other party. And therefore there is not any money, paper is converted in the conversion process, or directly hand, as happens when the amount of the deposit at a bank employee (ATM).
I mean, you're turning to the amount of $ 100 to the United States, for example, $ 100 Fall thy who paid by mail and will not travel etc. so collected and received from the other party
That is why they call Wire Transfer , in other words an electronic transfer .And
electronic transfers (Electronic Fund Transfer - EFT) is the safest and
cheapest ways to transform now , as the electronic transfers EFT
include what is bigger than Allowaar Transfer (bank transfers electronic
) , where also include ATM ( The Wire) , and also when Payment by card Alchridt card in shops POS .. Etc. , all of this is a pattern of electronic transfers (EFT)But
unlike traditional remittance (checks , for example) , with Allowaar
Transfer you can not retrieve the charge back the amount transferred .General
, so far as you need to work WIRE Transfer , is to know the following
information about the other party ( the recipient :1 - named the recipient , u .. .. .. Beneficiary Name2 - The name of the bank 's him .. .. .. Bank Name3 - No. his bank account .. .. .. Bank Account Number4 - Swift Code recipient's private bank , if the international assignment .. .. .. Swift CodeNote
: Conversion mails between banks and different people call WIRE
Transfer Wire transfer ( for example, Al-Ahli Bank to Citibank ) , in
which case different banks .. However,
if the conversion at the same Bank of Laconte to Laconte last Fasmonh
Bank Transfer Bank Transfer ( and likeness ( to transfer an amount from
one account and Laconte Ahli Bank , to another account in the same bank)
.. but in general the last statement can be used to denote the
conversion and even that was WIRE Transfer of overtaking door condoning terminology bank craft
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