bank transfer

noun
UK /bæŋk ˈtrænsfɜː/
US /bæŋk ˈtrænsfɝː/

A bank transfer is when money is sent from one bank account to another.

She paid for the car by bank transfer.


OTHER MEANINGS

2. The act of moving funds between accounts held at different banks.

The bank transfer cleared within two business days.

3. A payment method used for large or international purchases.

The seller only accepts bank transfer for overseas orders.

4. A record of money sent electronically from one account to another.

Keep the bank transfer receipt for your records.