Meaning of “telegraphic transfer” in the English Dictionary

business-english dictionary

"telegraphic transfer" in Business English

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telegraphic transfernoun [ C or U ]

uk us

BANKING, E-COMMERCE a method of sending money quickly from one bank account to another, by phone or computer:

Payment will be by telegraphic transfer.

(Definition of “telegraphic transfer” from the Cambridge Business English Dictionary © Cambridge University Press)