transfer of funds

Definitions

The act of moving money from one account, person, or institution to another.

A financial transaction involving the electronic or physical relocation of capital between parties.

Examples

The bank confirmed that the transfer of funds was completed successfully this morning.

Please ensure that the transfer of funds is authorized by the finance department before the deadline.

Synonyms

money remittance wire transfer bank transfer fund movement electronic payment capital relocation

Antonyms

cash hoarding fund retention capital freezing asset sequestration payment blockage