Skip to main content

What is a wire transfer?

The term “wire transfer” is often used to refer to any electronic transfer of money from one person to another.

The term “wire transfer” also has a more narrow technical meaning, referring to one certain method of transferring funds, which usually involves an electronic transfer of funds from one bank or credit union account to another.  In general, wire transfers that are made by consumers from the United States to other countries are considered "remittance transfers" under federal law.

Starting October 28, 2013, federal law will provide new protections to consumers who send remittance transfers as defined under federal law. You can read a summary of the new protections for more information. 

Take the next step

Submit a complaint

We’ll forward your issue to the company, give you a tracking number, and keep you updated on the status of your complaint.

Submit a complaint

Was this answer helpful to you?

Please do not share any personally identifiable information (PII), including, but not limited to: your name, address, phone number, email address, Social Security number, account information, or any other information of a sensitive nature.

https://citroen.niko.ua