Definitions for "wire transfer"
An electronic transfer of funds, such as one that is made over the Federal Reserve Wire Network.
It refers to transfer of funds electronically from one account to another account
Wire transfer is an electronic funds transfer service that allows funds to be transferred between districts (and financial institutions) in the United States through the Federal Reserve Communications Network. It is safe, secure and convenient versus taking the risk of waiting to get money by mail.
Keywords:  eft, form
a form of EFT