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Listings for Money Transfers Key Terms (5)

 

Wire Transfer

What is a wire transfer? The term “wire transfer” is often used to refer to any electronic transfer of money from one person to another. […]

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Virtual currencies

What are virtual currencies and what should I know if I’m interested in using one? The term “wire transfer” is often used to refer to […]

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Remittance Transfer Provider

What is a remittance transfer provider? Under federal law, a remittance transfer provider is a business that transfers money electronically for consumers to people and […]

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Remittance Transfer

What is a remittance transfer? Federal law defines “remittance transfers” to include most electronic money transfers from consumers in the United States through “remittance transfer […]

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Automated Clearing House (ACH)

What is an ACH? An ACH is an electronic fund transfer made between banks and credit unions across what is called the Automated Clearing House […]

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