A means of directly transferring money from one bank account to another. "My Account" outlines how to execute a wire transfer to/from a TradeSports account. Also known as a bank transfer or wire transfer.
An electronic communications network owned by an association of banks and used to transfer messages between subscribing banks. Bankwire also offers a clearing service called Cashwire that includes a settlement facility. See also Fedwire.
A computer message system linking major banks. It is used not for effecting payments, but as a mechanism to advise the receiving bank of some action that has occurred, e.g. the payment by a customer of funds into that bank's account.