answersLogoWhite

0

Who wires money?

User Avatar

Anonymous

12y ago
Updated: 9/11/2023

Germany Kreissparkasse Gross-Gerau to Wells Fargo Banj

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Finance

Can you explain how bank wires work?

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.


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.


What does a company's treasury department do?

It does Banking Admin and Cash Management. It invests the companies cash in order to earn a return and pays down debt. It moves money around to the departments and field offices that need it, usually in the form of wires and ACH. It does Banking Admin and Cash Management. It invests the companies cash in order to earn a return and pays down debt. It moves money around to the departments and field offices that need it, usually in the form of wires and ACH.


Is it possible for wires to be reversed?

Yes, it is possible for wires to be reversed, which can lead to electrical issues or malfunctions in a circuit.


What do you understand by sources of funds?

Source of funds means the origin of funds, which is of some importance when a private transaction with irregular large amounts is started; however origin of funds is always the matter of the bank which sends or wires money and as such they do their own due diligence, if the wire and they are a G-30 bank or a money center bank, the origin of funds is never an issue.

Related Questions

Who is a person who wires for money?

An electrician


What do you call people who wires money?

liams


Does suntrust online banking offer transferring money?

I'm not exactly sure what type of money transfer you are referring to, but they do offer transfers from accounts. As far as money wires go, they do not provide that service.


Can you explain how bank wires work?

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.


What are the different colors of wires used in electrical installations, including red, white, green, and black wires?

The different colors of wires used in electrical installations have specific meanings. Red wires are typically used for hot wires, white wires for neutral wires, green wires for ground wires, and black wires for hot wires as well.


Can you receive Western Union money wires Banamex in Caborca Sonora Mexico?

yes you can every banamex. Has the cabability to receive western union


What are the different colors of wires used in electrical circuits, including white, green, and black wires?

In electrical circuits, white wires are typically used as neutral wires, green wires are used as ground wires, and black wires are commonly used as hot wires.


Why did the repair man leave wires coming out of your ac unit?

well is he soppose to come back and work on it again? Or he was a fake and just took your money...


What's the different between white and green wires?

white wires are neutral. green wires are ground wires.


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.


What is importants of electricity?

The wires and that you have the wires


How often should you change the plug wires on a northstar engine?

About every 100,000 miles is good. Any more often is wasting money and asking for trouble.