A money transfer is the electronic transfer of money from one person or organization to another. It can be done online, through a mobile phone, or in person at a bank or other financial institution. Money transfers are often used to send money to family and friends, to pay bills, or to make purchases.
Money transfers are a convenient and efficient way to send money. They are typically faster than traditional methods of sending money, such as mailing a check or using a wire transfer. Money transfers are also more secure than carrying cash, and they can be tracked online.