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How Online Money Transfers Work

In this century no one uses the old-fashioned concept of wiring money. Rather with the infusion of modern technology in banking, electronic funds transfer has come up. You surely must be using EFT for all kinds of transfers. It is a very simple and handy way to transfer money from one bank account to another […]

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What Is Bank Wire Transfer?

Wire transfer is simply the electronic transfer of money. Wire transfers can be made with any entity irrespective of its size. Many a time banks transfer a huge sum of money between themselves via wire without any actual money being moved. All accounting procedures for these types of transactions are made electronically. This has been […]

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