03.11.2020

Bank transfers Wire Transfer. Bank transfers Wire Transfer Exchange Bank transfer to other electronic currencies


    Wire- (wr), n. rr, Dan. vire, LG. wir, wire; cf. OHG. wiara fine gold; perhaps akin to E. withy. 141.] 1. A thread or slender rod of metal; a metallic substance formed to an even thread ... ...

    Wire- Colin Newman, 2008 Basic Info ... Wikipedia

    wire- n. 1. metal that has been drawn into a very long, thin thread or rod, usually circular in cross section 2. a…… English World dictionary

    Wire- Wire, v. t. 1. To bind with wire; to attach with wires; to apply wire to; as, to wire corks in bottling liquors. 2. To put upon a wire; as, to wire beads. 3. To snare ... The Collaborative International Dictionary of English

    wire- verb 1.to send money electronically from one bank to another: Prosecutors said Burks moved $ 45,000 to his girlfriend and wired $ 13,300 to a bank account in Florida. 2.also wire something up to connect something to a ... Financial and business terms

    WIRE- (engl. "Draht", "Leitung") steht für: Wire (Messe), eine internationale Draht und Kabel Fachmesse in Düsseldorf Wire (Band), eine (Post) Punk und Rockband aus London (ab 1976) The Wire, eine US amerikanische Fernsehserie von David Simon WIRE…… Deutsch Wikipedia

    Wire- (engl. "Draht", "Leitung") steht für: Wire (Messe), eine internationale Draht und Kabel Fachmesse in Düsseldorf Wire (Band), eine (Post) Punk und Rockband aus London (ab 1976) The Wire, eine US amerikanische Fernsehserie von David Simon The Wire ... ... Deutsch Wikipedia

    Wire fu- is an element of Hong Kong action cinema, exemplified by the work of Tsui Hark, Yuen Woo ping, and Jet Li, that has been appropriated by Hollywood. P. Fletcher. 2. To send a telegraphic message. ... The Collaborative International Dictionary of English

Books

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  • Double Galvanized Steel Strand and Iron Wire for Electrical Transmission and Distribution, Company Wire, This book is a reprinted book. Despite the fact that serious work was carried out to restore original quality editions, on some pages you may find ... Category: Books not classified under any section Series: Publisher:

Wire Transfer - bank money transfers (literal translation from English - "wire transfer") non-cash funds... They are sometimes referred to simply as Wire, or wire.

Wire is one of the earliest types of transfers. The process involves: the sender, the recipient and a third party - an intermediary. Agent banks, postal organizations or various payment systems can act as an intermediary.

Both individuals and legal entities can conduct a financial transaction via Wire Transfer. Vayers are carried out not only within one country, but also abroad. A commission for a money transfer is charged from the sender; the recipient of the transfer does not need to pay for the receipt.

To make a Wire transfer, an intermediary agent may require the opening of a checking account. However, many agents for individuals this stage of the transaction is not considered necessary. The sender simply fills out a form in which he indicates his data, the recipient's data, the amount and purpose of the transfer, pays the specified amount and the commission charged by the intermediary to the cashier. The recipient applies to the nearest bank branch or post office with an identity document and receives cash. Such actions are necessary and sufficient to carry out remittances within the same country. For senders from Europe, the USA, Canada and other foreign countries, you must own additional information about the recipient (IBAN, IRC, ISC, etc. depending on the requirements of the intermediary bank). If the sender or recipient has incorrectly specified one or more details of the transfer, the bank may additionally require the so-called SWIFT code to confirm the legality of receiving funds.

In the presence of bank card of the intermediary bank, the wire can also be obtained through the ATM. In addition, some banks provide the ability to transfer Money using the electronic payment system "Internet banking".

The Wire money transfer system is convenient, in particular, for electronic payments via the Internet, in particular, for paying for purchases in online stores or other Internet services.

A special feature of Wire is that some intermediaries may set minimum amounts for international money transfers and amount limits, especially for individuals. Within the same country, warrants are carried out without upper and lower borders. In addition, unlike some other payment systems, transfers can be made both in national and in any other convertible currency. When receiving an international money transfer, the recipient has the right to choose the currency in which it is more convenient for him to receive the wire.

The size of the commission for Wire Transfer is determined by each bank on an individual basis. As a rule, it varies from 0.5 to 2% of the transfer amount. In addition, partner banks establish minimum commission in a solid amount, sometimes quite considerable. Therefore, it is more profitable to make transfers of large amounts using the Wire system.

A similar bank transfer system is often used to transfer funds between different countries from one bank account on another by the same person if it is impossible to use an international bank card. That is, the sender of a transfer from one country is at the same time its recipient to another.

The speed of transactions by the Wire Transfer system usually ranges from 1 to 3 business days, however, in this case the difference in time zones, the working hours of the branches of partner banks, the time of sending the transfer, and similar factors also play a role. In addition, the transit time of a money transfer from the sender to the recipient often increases due to the fact that the bank's security system checks the client for reliability. This, of course, primarily concerns international transfers.

A distinctive feature of the Wire money transfer system is a high degree of security financial transactions and information protection. International statistics show that warrants are much less likely to not reach the recipient than amounts sent using other transfer systems. This is primarily due to the rather long operating time of Wire on the market. banking services and the experience gained during this time.

It should be said that in the Wire system there is no uniform terms, tariffs and limits. The powers of the intermediary in this case are so broad that certain features of the transaction may differ significantly from each other. Therefore, it is recommended that before making a money transfer, check the conditions with several Wire agent banks and choose the most suitable one for each individual case.

It is the difference in conditions between different intermediaries that is noted by many clients as one of the most significant drawbacks of the Wire bank transfer system. Such an unified approach often does not allow calculating the timing and cost with the regular behavior of the same type of transactions between different countries, as well as within the same country - between different partner banks.

Lack of confidentiality is often cited as another significant drawback. The need to provide personal identification data, as well as the purpose of the payment, raises concerns among some customers about the possibility of misunderstandings with the tax authorities in the future.

In addition, many Wire participants are not satisfied with the time it takes to transfer funds, since modern electronic payment systems process such transactions within hours, and sometimes minutes.

However, in general, the Wire Transfer system of bank money transfers by the majority of individuals and legal entities is rated as reasonably comfortable and reliable way cashless payments.

Exchange Bank Transfer to Other Electronic Currencies

On our website you can see the current exchange rates of Any Bank USD to other electronic payment systems.

Exchange any bank USD for another currency:

  • 11 655.01→1
  • 359.09→1
  • 275.60→1
  • 105.64→1
  • 1→2.86
  • 1.00→1
  • 1.06→1
  • 1.06→1
  • 1.04→1
  • 1→63.13
  • 1.02→1
  • 1→60.52
  • 1.18→1
  • 1→1
  • 1.13→1
  • 1.06→1
  • 1→1
  • 1.13→1
  • 1→1
  • 1.13→1
  • 1.04→1
  • 1.03→1
  • 1.03→1
  • 1.02→1
  • 1.02→1
  • 1.03→1
  • 1.22→1
  • 1.04→1
  • 1.00→1
  • 1→1
  • 1→1
  • 1.18→1
  • 1.01→1
  • 1→62.08
  • 1.15→1

Exchange currency to any bank USD:

  • 1→11 625.60
  • 1→344.06
  • 1→157.48
  • 1→28.21
  • 1→274.10
  • 1→6.50
  • 1→103.64
  • 2.97→1
  • 1→87.25
  • 328.74→1
  • 1→142.12
  • 1→86.64
  • 1→1.00
  • 1.06→1
  • 14.01→1
  • 1→13.46
  • 1→14.62
  • 1→4.63
  • 2.96→1

What is Wire Transfer?

Although e-commerce is actively used in modern world, many users do not know the meaning of some words.


A lot of complicated terms and foreign expressions are used, and if you decide to become a moneymaker and closely engage in remote earnings, you will have to figure it out a lot.

What is Wire Transfer? One of the expressions, a meaning that even some professionals don't know.

Wire Transfer translates as electronic transfer, and if you delve into the terminology, it means the transfer of funds from one person to another person through the Internet or telephony.

How is Wire Transfer done?

In fact, this is a normal transfer of virtual money between users. For example, such transactions are possible with a money transfer system.

Three parties are required to transfer the Wire Transfer format, these are:

  1. The sender of the transfer - both individuals and legal entities.
  2. The mediator is usually payment system or bank.
  3. Transfer recipient - to whom the money is sent.

Each intermediary has its own conditions for the transfer of funds. They can vary greatly, depending on various factors.

For example, if an international Wire Transfer is performed, the commission increases. Although on internal transfers all have their own tariffs.

The average processing time for Wire Transfer is up to 5 days. Payment systems most often process transactions instantly, and banks ask for a few business days.

An important condition for the execution of Wire Transfer is that the recipient has a bank or other electronic account. The sender may not have an account, since when he comes to the bank or goes to the ATM, you can use the cash for the transfer.

Where is it profitable to carry out electronic transfers?

In order for the operation to be as beneficial as possible for the recipient and the sender, several systems must be considered. To determine the appropriate option, Consider several important factors:

  • study the tariffs for servicing the account;
  • take into account the commission for Wire Transfer;
  • additional commission for depositing and withdrawing funds;
  • check transfer (withdrawal) limits.

For the most part, Internet payment systems do not charge commissions for internal transfers, and also offer high limits to verified users.

The transfer can be performed using standard tools, or you can find an exchanger through (with more favorable conditions):

It makes sense to use exchange offices only if the payment system takes a commission for transfers between accounts. It is more convenient and safer to carry out these operations through banks.

According to statistics, it is Wire transfers that most often reach recipients.

All banks have internal transfers between accounts. For example, for Wire Transfer, Sberbank does not take commission if cardholders are in the same region.

To send funds, it is enough to send the necessary SMS from the phone. It is very convenient, safe, and most importantly, such operations are processed quickly.

Wire Transfer technology has no set limits, tariffs and conditions. Each intermediary has the right to set his own commission and take an additional fee, setting his own conditions. But this is not the only drawback, many are not satisfied that such payments cannot be made anonymously.

Electronic transfers are increasingly used. Some people use them without realizing it.

For example, when the salary arrives on the card, the sender is the employer's organization, the intermediary is the bank, and the employee is the recipient. Here is such a simple example of Wire Transfer in everyday life.

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