Wire/Card payments

Fund transfer is the electronic transfer of money from one financial institution to another, either within a single financial institution or across multiple institutions, via computer-based systems, usually without the direct intervention of institution's staff. Our Institution uses most reliable system.

The term covers a number of different payment systems, for example:

-cardholder-initiated transactions, using a payment card such as a credit or debit card
-direct deposit payment initiated by the payer
-direct debit payments for which a business debits the consumer's system accounts for payment for goods or services
-wire transfer via an international online system network