telegraphic transfer
nounUK /ˌtelɪˈɡræfɪk ˈtrænsfɜː/
US /ˌteləˈɡræfɪk ˈtrænsfɝː/
A way to send money safely from one bank to another far away.
She used a telegraphic transfer to send money to her family overseas.
RELATED WORDS
OTHER MEANINGS
2. An electronic message sent by telegraph.
The office received a telegraphic transfer announcing the ship's arrival.
3. A quick, coded message sent over long distances.
In the old days, news traveled by telegraphic transfer.
4. The act of sending funds abroad through banking networks.
The company paid its supplier by telegraphic transfer.