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Wire Transfers - How Long Does it Take to Receive Funds? - Printable Version +- Forum Banking (http://www.forumbanks.com) +-- Forum: My Category (http://www.forumbanks.com/forum-1.html) +--- Forum: Digital Banking & Fintech Innovations (http://www.forumbanks.com/forum-4.html) +--- Thread: Wire Transfers - How Long Does it Take to Receive Funds? (/thread-1042.html) |
Wire Transfers - How Long Does it Take to Receive Funds? - MatthiasMalachi - 09-05-2024 Okay, this is a truly important question! I've been looking into wire money transfers and honestly, I'm still a little confused about what they actually *are*. It would seem like a convenient way to pay, but I do not quite understand how it works. What's the core concept behind a wire transfer? RE: Wire Transfers - How Long Does it Take to Receive Funds? - RemingtonErmias - 09-05-2024 Absolutely! A wire transfer is essentially a process of transferring money directly from one bank account to another, with out involving classic checks or debit cards. Think of it as a digital equivalent of sending a physical letter, but much faster and frequently |