Money transfer generally refers to one of the following cashless modes of payment or payment systems:
- Electronic funds transfer, an umbrella term mostly used for bank card-based payments
- Giro (banking), also known as direct deposit
- Money order, transfer by postal cheque, money gram or others
- Postal order, purchased at a post office and is payable at another post office to the named recipient
- Wire transfer, an international expedited bank-to-bank funds transfer
Cash-based wire transfer systems
- al-Barakat, an informal money transfer system originating in the Arab world
- Currency exchange, transfer for of one currency to another
- Hawala (also known as hundi), an informal system primarily used to send money
- Remittance, a transfer of money by a foreign worker to his or her home country
See also
Topics referred to by the same term This disambiguation page lists articles associated with the title Money transfer.If an internal link led you here, you may wish to change the link to point directly to the intended article. Category: