wire transfer

noun

: a transfer of funds (as from one bank account to another) by electronic or formerly by telegraphic means
… has steadily built alliances with financial-service providers … enabling it to offer services such as bargain-priced money orders and wire transfers.Wendy Zellner

Examples of wire transfer in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Anyone who has made a payment should contact their bank immediately to attempt to reverse any fraudulent wire transfers. Khaleda Rahman, MSNBC Newsweek, 14 May 2025 The exception is Oklahoma, which in 2009 passed a tax on remittances: a $5 fee on any wire transfer under $500 and 1% on any amount in excess of $500. Fatima Hussein, Chicago Tribune, 14 May 2025 The settlement divides the $700 million equally between Bristol Myers Squibb and Sanofi, with the funds to be paid by wire transfer by June 9, the attorney general's office said. CBS News, 10 May 2025 In one elaborate scheme, fraudsters posing as hospital staff claim victims' identities are linked to Chinese crime rings, then transfer calls to fake police demanding wire transfers, complete with fake IDs and encrypted app requests. Kurt Knutsson, FOXNews.com, 30 Apr. 2025 See All Example Sentences for wire transfer

Word History

First Known Use

1878, in the meaning defined above

Time Traveler
The first known use of wire transfer was in 1878

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Cite this Entry

“Wire transfer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/wire%20transfer. Accessed 5 Jun. 2025.

Last Updated: - Updated example sentences
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