TSB Bank international wire transfer: Fees, rates and.
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For GBP and EUR local transfers we will not charge anything and the only costs will be applied by the beneficiary bank, these transfers are made through Faster Payments and SEPA respectively. If the beneficiary bank is located outside the EU or transfer is not in euros, then your transfer will be sent via SWIFT and you might incur international wire transfer fees.
Definition of Wire Transfer in the Definitions.net dictionary. Meaning of Wire Transfer. What does Wire Transfer mean? Information and translations of Wire Transfer in the most comprehensive dictionary definitions resource on the web.
Wire transfer, bank transfer or credit transfer, is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account, or through a transfer of cash at a cash office. Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and the cost.
The term “wire transfer” comes from an era when banks relied on telegraph wires for this type of money transfer. A wire transfer is a fast way to move money electronically to another person.
Funds can be recalled by the remitting bank before settlement. These days the settlement period is much reduced due to technological advances. Funds which have been credited to the beneficiary account can not be recalled unless the beneficiary agr.
Look up the English to Spanish translation of wire transfer in the PONS online dictionary. Includes free vocabulary trainer, verb tables and pronunciation function.