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    rep for giving me a word

    what's the term for it when you transfer money direct into someone's account?

    24 Comments

    Bank Transfer..?

    Bank Wire Transfer? :?

    wire??

    a bank transfer?

    Yeah its a bank wire transfer..

    transaction

    Generous........thought it more original than the real answer thats already been given!

    Supermod

    It is actually called a "Telegraphic transfer". Most practices shorten it to "TT".

    Naeem786;5019718

    Bank Wire Transfer? :?



    :roll:

    if you are setting something up on your internet banking it will come under the heading 'payments' but otherwise it is known as a Bank Transfer

    or deposit?

    deposit

    CHAPS Transfer?

    Original Poster

    that'll be the badger. Danke.

    I think you're referring to a BACS transfer, which is the mechanism used for making payment via Internet banks such as First Direct, HSBC et al.

    Supermod

    Cantona_7;5019760

    CHAPS Transfer?



    Correct. Thats the bank term for it. That and BACS (which is the 3-4 working days). CHAPS is usually the same working day. Even though I have quoted you, this is just general information as I know you will probably already know this!!

    electronic funds transfer

    so which one is it op?

    Not withdrawl ?

    Trust me I'm a Nigerian Prince

    Honest

    what about, you send me some money, and i then tell you what it says on my statement?

    Bacs

    !

    If I could just have your sort code and account number, I can wire you the monies immediately.

    http://www.davie.me.uk/images/likes/fonejacker.jpg

    Escrow if a third party handles the transaction or just Wire if it's direct.

    Original Poster

    bargainhunter2009;5019795

    so which one is it op?



    Bank transfer was the one I think I was trying to think of. Rep'd everyone for lending my ailing brain a hand, though. Except Cantona, who posted a few moments too late, and i'd given out all the rep I had to give today before I got to his post, unfortunately.

    cheers all.
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