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Old 02-26-2011, 04:53 AM
limohire limohire is offline
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Originally Posted by vickey88 View Post
ACH transactions and wire transfers are often
confused with each other. They are both electronic transfers of money, but they are not the same types of transactions. Wire transfers are typically used for transferring large dollar amounts of funds between banks very quickly. In the United States, wire transfers are processed through the Federal Reserve Wire Network. ..........



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yes you are absolutely right.
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