What is a bank wire transfer?

Answer Bank wire transfers offer one of the easiest and quickest ways to send money to distant individuals. This transaction method reduces all the paperwork of checks but can also act as a conduit for po... Read More »

Top Q&A For: What is a bank wire transfer

What is the fee for a bank wire transfer?

The fees assessed by banks for wire transfers vary from institution to institution. As of December 2007, the average cost of fees assessed by banks ranged from $10 to $25, according to Investopedia... Read More »

How Can I Do a Bank Wire Transfer?

A wire transfer is a method for transferring funds to another person's bank account. This transaction can be made from your primary checking account to that of the recipient, or by giving the finan... Read More »

Bank Wire Transfer Process?

A bank wire transfer is a transaction that moves funds quickly and safely from one bank to another bank. Customers may make domestic or international wire transfers. Customers may also receive fund... Read More »

Can a bank tell where a wire transfer originated from?

Banks can tell the origin of a wire transfer since bank-to-bank wire transfers are not anonymous; both parties must have a proven identity. However, wire transfers made through cash offices such as... Read More »