INTERNATIONAL FINANCIAL TRANSFERS

Lenin Jovanovski

Abstract


International Financial Money Transfer is an electronic transfer of funds in a particular currency and amount, to a friend, relative or company abroad. The person or company you pay for is known as a user. The bank to which the funds are sent is known as a customer bank. The realization of the activities in the process of operation of the economic, governmental and other entities requires the funds to be transferred from one account to another, ie from one place to another. Banks provide transfers of funds from account to account through networks of banking institutions operating on behalf of and for the benefit of customers.

Keywords


finance, money, transfer

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References


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