wire transfern.
/ˈwʌɪə ˌtransfə/, /ˈwʌɪə ˌtrɑːnsfəː/, /ˈwʌɪə ˌtranzfəː/, /ˈwʌɪə ˌtrɑːnzfəː/, U.S. /ˈwaɪ(ə)r ˌtræn(t)sfər/ An order to transfer funds issued by means of a telegraphic (now also electronic) message. Also: the process of transferring money in this way.
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society > trade and finance > financial dealings > banking > [noun] > specific banking procedures
standing order1619
out-clearing1836
credit transfer1847
clearance1858
resumption1866
money transfer1873
in-clearing1878
wire transfer1878
clearing1883
giro1896
lockbox1957
transfer payment1964
disintermediation1966
reintermediation1970
1878 Times 17 Oct. 7/3 Merchants..enter into many operations fully relying on being able to meet their engagements by the funds available from a ‘wire transfer’.
1922 Ann. Amer. Acad. Polit. & Social Sci. 99 141/1 Making wire transfers to and from other Federal Reserve and branch cities for member banks in branch territory.
1969 J. T. Connor in P. F. Drucker Preparing Tomorrow's Business Leaders Today iii. 39 Developments and refinements in transactions procedures..include lock-box services for collection of funds, improved wire transfer of funds.
2007 Guardian (Nexis) 24 Nov. (Home section) 6 He collected my $240 (£116.50) payment from a local ‘drop’. I had sent a wire transfer to his frozen Siberian home town.
This is a new entry (OED Third Edition, March 2010; most recently modified version published online December 2021).
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n.1878