cable transfer Meaning in Cambridge Business English Dictionary
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Meaning of "cable transfer" - Business English Dictionary

cable transfer

noun [C or U]
 
 
BANKING
a method of sending money quickly between bank accounts in different countries, by phone or computer: The rate of exchange should be the noon buying rate in New York City for cable transfers in foreign currencies. →  See also telegraphic transfer
(Definition of cable transfer from the Cambridge Business English Dictionary © Cambridge University Press)
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