answersLogoWhite

0

Bank wires are a way to transfer money electronically from one bank account to another. The sender provides their bank with the recipient's account information and the amount to be transferred. The bank then sends the money to the recipient's bank account, usually within one business day. There may be fees associated with bank wires, and both the sender and recipient must have bank accounts to send and receive the funds.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

Why do you want to work in Deutsche Bank?

This is where you explain how the bank matches up to your career goals. Make sure to take the time to really showcase your skills here.


Can you explain how overdrafts work in banking?

An overdraft occurs when you spend more money than you have in your bank account. The bank covers the difference, but charges you a fee for this service. You then owe the bank the amount of the overdraft, plus the fee.


What bank in America does bank of Queensland go through for international wires and what is the routing number for this bank?

0121do one


How do you lodge a complaint against standard chartered bank?

Any one from India ,who wish to register a complaint against standard chartered bank will be encouraged to join my team and fight against standard chartered illegal and worst charactered bank. Please email me and I will explain my strategy to you. vangroom@yahoo.com , we can make huge losses to that bank legally and if that doesnt work , then we will work another strategy.


Can you explain how money wires work?

Money wires are electronic transfers of funds from one person or entity to another. The sender initiates the transfer through a bank or money transfer service, providing the recipient's information and the amount to be sent. The funds are then electronically transferred to the recipient's account, usually within the same day. Fees may apply for the service, and both parties must have accounts with the same financial institution or a compatible service for the transfer to be successful.


Avoid car repossesion?

Right now with the bad ecomony banks are willing to work with you on payments including lowering them. I would recomend calling your bank ASAP and explain your situation they WILL work with your if your not a repeat offender.


What is the swift code for international wires to bank of America?

A SWIFT banking code stands for Society for Worldwide Interbank Financial Telecommunication. This code is used internationally to identify a bank for international money transfers. It is similar to the bank routing number used in the U.S. to identify a bank. For example, if you did work for an international company, they might request your bank's SWIFT code in order to correctly transfer money into your bank account.


Can you explain how bank wire transfers work?

Bank wire transfers are a method of sending money electronically from one bank account to another. The sender initiates the transfer through their bank, providing the recipient's account details. The sender's bank then transfers the funds to the recipient's bank, which credits the money to their account. There may be fees involved, and transfers can take a few days to process.


Firing order for spark plug wires on 1987 Chevy caprice?

1,8,4,3,6,5,7,2 1,3,5,7 are on the left bank and 2,4,6,8 are the right bank.


How do you explain past credit problems in letter to bank?

yhjhjhf


Can children work in a bank?

Maybe children can work in a bank if supervised by an adult


What is correct routing of spark plug wires for 1978 El Camino V8?

1,8,4,3,6,5,7,2 With 1,3,5,7 on the left bank and 2,4,6,8 on the right bank.