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TeachMeFinance.com - explain CashWire CashWire -- see BankWire. BankWire -- an electronic communications network owned by an association of banks and used to transfer messages between subscribing banks. BankWire also offers a clearing service called CashWire that includes a settlement facility. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.