A bank transfer is a method of transferring funds from one bank account to another, either within the same financial institution or between different institutions, through electronic means.
An originator can refer to any entity involved in the initial transaction of a mortgage loan, the planning stages of a new securities offering, or the initiation of money transfer instructions.
Payment refers to the satisfaction of a claim or debt usually through the delivery of money in fulfillment of an obligation.
Understanding remittance, its types and examples, frequently asked questions, related terms, references, and further readings.
A method of sending money to someone in urgent need of cash via telegraph offices.
Western Union is a leading company dominating telegraph and money transfer services in the United States, with a broad global presence.
