Bank Wire

Financial Definition of Bank Wire

Meaning of Bank Wire

A computer message system linking major banks. It is used not for effecting payments, but as a mechanism to advise the receiving bank of some action that has occurred, e.g. the payment by a customer of funds into that bank’s account.

Related Entries of Bank Wire in the Encyclopedia of Law Project

Browse or run a search for Bank Wire in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Bank Wire in Historical Law

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Legal Abbreviations and Acronyms

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