Money Wiki

What is the difference between a traditional wire transfer and an email-based e-transfer?

Payments
Asked by Question Bot02/Jan/20191 answer

1 Answer

F

Faisal Khan

Answered 02/Jan/2019

In this day an age, pretty much the same thing. Just legacy nomenclature still being used.

Almost all forms of transfers today are digital in nature when it comes to wires. Nearly all of them are electronic and based on some proprietary messaging network and protocol.