John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia.
John Egan Personal Finance ExpertJohn Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia.
Written By John Egan Personal Finance ExpertJohn Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia.
John Egan Personal Finance ExpertJohn Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia.
Personal Finance Expert Doug Whiteman Personal Finance EditorDoug Whiteman is an award-winning journalist with three decades of experience covering personal finance, starting when he was the Washington, D.C.-based consumer news editor and reporter for Associated Press Radio in the 1990s and early 2000s. He's p.
Doug Whiteman Personal Finance EditorDoug Whiteman is an award-winning journalist with three decades of experience covering personal finance, starting when he was the Washington, D.C.-based consumer news editor and reporter for Associated Press Radio in the 1990s and early 2000s. He's p.
Doug Whiteman Personal Finance EditorDoug Whiteman is an award-winning journalist with three decades of experience covering personal finance, starting when he was the Washington, D.C.-based consumer news editor and reporter for Associated Press Radio in the 1990s and early 2000s. He's p.
Doug Whiteman Personal Finance EditorDoug Whiteman is an award-winning journalist with three decades of experience covering personal finance, starting when he was the Washington, D.C.-based consumer news editor and reporter for Associated Press Radio in the 1990s and early 2000s. He's p.
| Personal Finance Editor
Updated: Apr 22, 2022, 7:00am
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Wire transfers allow customers to move money electronically from an account at one bank or credit union to an account somewhere else — usually for a price. These generally safe and speedy transactions, which are done without cash changing hands, can be carried out between financial institutions within the U.S., or with institutions in other countries.
Wire transfers are ideal for quickly sending large amounts of cash. For instance, you might use a wire transfer to send as much as $500,000 from your bank account to a title company’s account when you’re closing on the purchase of a home. Financial institutions normally charge wire transfer fees to complete these transactions, and if you make a habit of moving your money around, the costs can add up.
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Personal Finance ExpertJohn Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia.
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