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Which one is more correct?

Money transfer

or

Wire transfer


EDIT: the context is the typical web form where a user can choose the type of payment. "Credit card", rather than "Paypal", rather than "Money/Wire transfer".

In Italian there is a specific name for such type of transaction (the Money/Wire transfer, this is the reason why I'm asking).

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1  
Specify a context. Otherwise, question is not constructive, not a real question, too localized, or general reference. –  jwpat7 May 9 '12 at 20:45
    
@jwpat7- I think OP is just asking about the difference between the two, as it could be interchangeable in some cases. –  Noah May 10 '12 at 6:36
    
Both are correct but it depends on how do you want to use it. –  Noah May 10 '12 at 6:38
    
@jwpat7: I updated the question. –  Marco Demaio May 10 '12 at 8:39
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+1, interesting question –  Pascal Qyy Nov 2 '13 at 10:55

2 Answers 2

up vote 1 down vote accepted

Wire transfer is mostly a US usage, money transfer is probably more universal.

If you are using this in a technical context, software or a report, then EFT (Electronic Funds Transfer) is probably the more correct phrase.

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They're... equally correct depending as jwpat7 says on the context. Money transfer refers to that which is being transferred. Wire transfer puts focus on the conveyance itself.

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