Commonly Used Money Transfer Terms

  • Posted by Joe Campbell on December 2, 2018 in Banking Global Money Transfer

commonly used money transfer terms

International money transfer, the process of transferring money overseas – has a language of its own. This article will help you decode the financial garble in order to make your global remittance easier

There are plenty of things to think about if you’re transferring money overseas. The most useful thing you can do is become familiar with the jargon you’re likely to hear, so here are the key international money transfer phrases and acronyms, decoded.