Transfer synonyms, transfer antonyms merriamwebster thesaurus. Xyz bank transfers money into your account, and you agree to repay the money. Merriamwebster defines artificial intelligence this way. The most common use of the concept is when a bank transfers funds from the account of the payer to the account of the payee when both accounts are with the same bank. Book transfers are beneficial to a banks operations as they are instantaneous and remove the float time in checking transactions. Credit is the trust which allows one party to provide money or resources to another party. Search bank transfer and thousands of other words in english definition and synonym dictionary from reverso.
Book transfer definition and meaning define book transfer. Bank transfer definition in the cambridge english dictionary. At the first weeks of this study year, terrorists attacked book warehouses and book transfer vehicles. Nonwebster transfer accounts you can set up nonwebster transfer accounts to easily move money between your webster accounts and accounts you hold at other financial institutions. A change in ownership, especially of a security, that does not result in a change of location. Deposit definition, to place for safekeeping or in trust, especially in a bank account. The transfer of funds from one deposit account to another at the same financial institution.
He transferred the package from one hand to the other. Book transfer financial definition of book transfer financial dictionary. A bank p the payer with a central bank nostro can pay directly to another bank r. There is almost always a fee to send a wire transfer. Transfer book definition of transfer book by merriamwebster. Bank transfer definition and meaning collins english. Our mission is to help individuals, families and businesses achieve their financial goals as we pursue our vision to continue to be among the highest performing midsized banks in the u. Bank supervision dictionary definition bank supervision. A branch of computer science dealing with the simulation of intelligent behavior in.
A registered shareholder is the owner of record on the books of the corporation, generally kept by the transfer agent. To transfer funds over the phone, call the webster bank customer service line at 18889322256. A bank transfer, also called a wire transfer, is a way to send money from one bank account to another anywhere in the world. Deposit definition is to place especially for safekeeping or as a pledge. It is called a withdrawal slip because it is used to make a withdrawal from a persons account. Wire transfer, bank transfer or credit transfer, is a method of electronic funds transfer from one person or entity to another. Fund definition is a sum of money or other resources whose principal or interest is. Transfer definition is to convey from one person, place, or situation to another. Another solution which leverages the banks global network is our realtime cross border book transfer. Immediate transfers cannot be stopped or changed because they are processed once you receive your confirmation. Bank books definition of bank books by the free dictionary. This capability allows our clients to make transfers between. Book transfer financial definition of book transfer. A book transfer is the transfer of the legal right of ownership of an asset, without physically shifting the asset to the new owner.
A register that includes both deposits and withdrawals. The term is also used to describe transfer of ownership without the physical movement of an asset. Registered shareholders receive dividends, proxies and other communications directly from the corporation via the transfer agent or the corporation directly. A withdrawal slip is a bank document on which a person writes the date, account number and amount of money to withdraw from a bank. You can either set up one transfer, or a series of recurring transfers to automatically take place at some. Wire transfer systems are intended to provide more individualized transactions than bulk payment systems such as ach and check21. Bank book article about bank book by the free dictionary. Transferor bank means the bank seeking to transfer or assign all or part of its rights, benefits and obligations hereunder. Transferring definition, to convey or remove from one place, person, etc.
The key definitions of artificial intelligence ai that explain its. Book transfer dictionary definition book transfer defined. Ach transfers can be a relatively hasslefree way to send money or receive it. The registered shareholder may be an individual, a trust, a broker, etc. The transfer of funds from one account to another within a financial institution. Trust definition is assured reliance on the character, ability, strength, or truth of. For example, a stock may be sold between two clients of the same brokerage. Using a book transfer is convenient for banking customers because book transfer transactions do not require a paper exchange or a trip to the bank to complete. Site transfer or study abroad application form for all applicants from webster international campuses or application for u. The act of transferring ownership of a product or asset without actually delivering the physical goods.
They made a book transfer and that was a really good thing to do because the other account needed money. A payment is the voluntary tender of money or its equivalent or of things of value by one party. The process of moving an outstanding balance from one credit card to another. Transfers involving your nonwebster accounts must be to or from a checking or savings account you hold at another financial institution. The number of transfers allowed per statement cycle for savings and money market accounts is limited. Key differences between ach and wire transfers the balance.
Bank supervision is conducted by governmental regulators. Please find below the bank details for transferring the tuition and housing deposit. Either way, make sure you understand your bank s policies for ach direct deposits and direct payments. A commercial bank is a financial institution which performs the functions of accepting deposits from the general public and giving loans for investment with the aim of earning profit. Security definition is the quality or state of being secure. Book transfer is a way to eliminate check clearing float. A book transfer is the transfer of funds from one deposit account to another at the same financial institution. Transfer book definition is a register of transfers as of shares of stock from one party to another. Economists differentiate among three different types of money. This results in the very fast clearing of funds, so that the payee can use the transferred. Unlike with interbank transfers, these intrabank transfers require little or no wait time. Book transfers are a way to eliminate check clearing float. Please make sure to indicate your name applicants name and your webster student id number.
This document can be checked against the bank statement to see if the transactions are correct. All weblink accounts and users that currently have access to initiate wire transfers will have this functionality. Movements of financial capital are normally dependent on either credit or equity transfers. Transfers are sometimes subjected to a balance transfer fee. A series of accounting or bookkeeping entries used to settle a series of cash market transactions. How to make a wire transfer with webster bank pocketsense.
Definition of book transfer in the financial dictionary by free online english dictionary and encyclopedia. The advantages of sending a bank transfer are that you do not need to wait for anything to arrive in the mail, there are no cheques to cash, and the funds are available immediately upon receipt. Wire transfer or credit transfer is a method of electronic funds transfer from one person or institution entity to another. Official evaluations of transfer credit are completed by the registrars office once students are admitted to webster and official transcripts are received. Webster financial corporation is the holding company for webster bank, n. Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and the cost. Credit card, debit card, cheque, money transfers, and recurring cash or ach automated. For transfers to your non webster account, we cannot guarantee when your financial institution will process the transfer and post the transaction to your account. A bank custodian is responsible for maintaining the safety of clients assets held. Book entry bonds are bonds that are electronically registered to the financial institution acting on. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.
With external transfers, you can initiate transfers from or to your eligible webster checking, savings and certain types of loan accounts. Ad book transfers usually refer to transactions that occur within the same bank, for example, if a customer transfers money to another customer at the same bank. You can even use a nonwebster account to fund your webster account. This is usually done to obtain a lower interest rate on the outstanding balance. Merriamwebsters encyclopedia of literature by merriamwebster and a great selection of related books, art and collectibles available now. You can complete the definition of bank transfer given by the english definition dictionary with other english dictionaries.
On february 26, 2010, webster weblink will be enhanced to allow initiation of wire transfers in foreign currency. For transfers to your webster account, a hold is placed on your deposit and these funds will not become available for 3 business days following the date of your transfer request. Also called a naked trust or a passive trust, with a dry trust, a person transfers. Webster university strives to provide the most current and accurate information available, which subjects this database to frequent revisions.
Definition of transference written for english language learners from the merriam webster learners dictionary with audio pronunciations, usage examples, and countnoncount noun labels. Define double bank by webster s dictionary, wordnet lexical database, dictionary of computing, legal dictionary, medical dictionary, dream dictionary. Grant definition is to consent to carry out for a person. However, any transfers that you set up to be processed in the future, whether one transfer or a series of recurring transfers, are stored as pending transfers and can be stopped or changed at any time before 7. Define full service bank by webster s dictionary, wordnet lexical database, dictionary of computing, legal dictionary, medical dictionary, dream dictionary. Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. Bank definition is a mound, pile, or ridge raised above the surrounding level. I grant that hes a talented writer, but i just dont find his books very interesting. In the business world, bank loans and corporate or government bonds are the. The act of monitoring the financial performance and operations of banks in order to ensure that they are operating safely and soundly and following rules and regulations.
Transferor bank legal definition of transferor bank by. Bank transfer meaning in the cambridge english dictionary. Give the customer service rep your name, webster bank account number and amount you want to transfer, as well as the receivers name, his bank s name and routing number, and his account number. Book transfers financial definition of book transfers. Company xyz, the grantor, will appoint a trustee, usually a large bank or similar. Site transfer form for international students transferring from one webster u. In such a case, the stock certificate is unlikely to move at all. Bond definition is something that binds or restrains. Wikipedia, lexilogos, oxford, cambridge, chambers harrap, wordreference, collins lexibase dictionaries, merriam webster. This results in the very fast clearing of funds, so that the payee can use the transferred cash.
Free english to spanish translation spanish central. Definition, function, credit creation and significances. Learn to speak spanish with spanish central from merriam webster. Receiving a wire transfer is often free, but some banks and credit unions charge small fees to receive funds by wire.
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