Wire Transfer

See: Wirehouse. See: Wire Room.

Need to send some money to Mexico, or maybe Russia? (We won’t ask why.) Sending it via mail is risky, and sending it via a courier is also risky (and expensive). If only you lived in the same country, or had the same bank.

Fortunately, there's an answer. Moving ca$h electronically across the global bank network, i.e. a wire transfer. It’s safe, secure, and fast (especially if you’re used to America’s ACH system, which is sloooowwwww compared to the internal banking systems of most other countries).

Why is it a "wire" versus some other name? Well, when transferring money among banks was high tech (think: 1922), data traveled more or less in the vein of Morse Code across copper wires with all kinds of security codes behind them, trying to make the transfers safe. It worked, more or less, and became a Thing. Today, data travels through air and/or via fiber optics. So...maybe we should rename it a "glass transfer"?