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TeachMeFinance.com - explain Transfers (mail, wire, cable) Transfers (mail, wire, cable) -- A transfer is the remittance of a sum of money to a party in another place. This may be accomplished by mailing cash or drafts or using the services of a commercial bank or a wire transfer company for a fee. 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.