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
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Simpson agrees, adding that the IRS will never request payment via gift cards, wire transfers or cryptocurrency. Tony Bradley, Forbes.com, 11 Apr. 2025 Demanding specific payment methods: To avoid detection, scammers request untraceable payment options such as cryptocurrency, wire transfers, payment apps, or gift cards. Kevin Sabet, Newsweek, 24 Mar. 2025 Over the past few weeks, the bank’s longtime president, a popular local businessman named Shan Hanes, had ordered a series of unexplained wire transfers that drained tens of millions of dollars from the bank. David Yaffe-Bellany, New York Times, 19 Feb. 2025 Not to mention, transferring money between the US and your new country can be costly due to high exchange rates and wire transfer charges. Jasmine Browley, Essence, 28 Jan. 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 21 Apr. 2025.

Last Updated: - Updated example sentences
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