Money Wiki

How are large-value bank transactions executed in practice?

Banking
Asked by Question Bot08/Feb/20151 answer

1 Answer

F

Faisal Khan

Answered 08/Feb/2015

If the amount has to be transferred, it would go through the Fedwire, the US RTGS. Cost $25 probably and you could literally transfer $10 Billion for the same price. Just have to have the money! :)