1

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. Commented May 9, 2012 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
    Commented May 10, 2012 at 6:36
  • Both are correct but it depends on how do you want to use it.
    – Noah
    Commented May 10, 2012 at 6:38
  • @jwpat7: I updated the question. Commented May 10, 2012 at 8:39
  • Why -1? What's wrong wth this question? Commented May 13, 2012 at 9:52

2 Answers 2

2

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.

1

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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