Funds, payments & transfers
Bank transfer
An electronic payment between bank accounts.
A bank transfer is an electronic payment sent directly from one bank account to another.
Approved short definition: An electronic payment between bank accounts. Example: When making a bank transfer to etoro, use the account details and payment instructions shown for the account you want to fund. Do not use: Do not assume that bank details or payment instructions are the same for every etoro account, currency or transfer. Do not describe moving funds between a local currency account and USD investment account as a bank transfer. Aliases / search terms: Bank payment; regular bank transfer; manual bank transfer; wire transfer; electronic bank transfer; account-to-account transfer Related terms: Easy Bank Transfer; Payment reference; Transaction ID; Deposit funds; Local currency account; USD investment account; Move funds
Also known as: Bank payment, regular bank transfer, manual bank transfer, wire transfer, electronic bank transfer, account-to-account transfer