INTERNATIONAL FINANCIAL TRANSFERS

Authors

  • Lenin Jovanovski

Keywords:

finance, money, transfer

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.

References

Chris Corbett: Visa Money Transfer, 2020, CEMEA Vendor Relations Training Workshop, London,

Everything you need to know about cross-border payments, 2020, www.emerchantpay.com.

General Features of the Payment System, Pictures of Role of central bank in payment system, Google.

How to transfer money from your bank account, 2020, www.moneyadviceservice.org.uk.

International payment methods. iContainers, Available at: www.icontainers.com.

Lampman, R. J. (2016). Transfer Payments. The New Palgrave Dictionary of Economics, Palgrave Macmillan UK.

Liutauras Varanavičius Experience of Ūkio bankas Implementing, 2020, Avaliable at: pdfslide.tips.

Slater, R., Farrington, J. (2009). Cash Transfers: Targeting. Overseas Development Institute.

SWIFT/BIC codes - What are SWIFT/BIC codes? - Debitoordebitoor.com›dictionary› swiftbic-codes.

Twitter Ripple on Twitter: A simple correspondent banking model outlined, 2020, Google pictures abaut payment systems.

Understanding the payment process from start to finish, 2017, Available at: www.currencycloud.com.

Western Union. How to transfer money abroad: www.howtotransfermoney.com.

What is a Payment System? Federal Reserve Bank of New York, 2015, wikipedia.org.

What is money transfer? Definition and meaning, 2020, www.businessdictionary.com› definition› money-transfer.

Downloads