Question

1. what is a wire transfer?

a. a way to move money from one person to another. they are often used to send money internationally.
b. documents written against other accounts or bought with cash, which provide a receipt converted to money by the recipient. they are often used to pay bills when someone does not have a checking account.
c. a box located at a bank for use for personal possessions that can only be accessed with the assistance of bank personnel by lock and key.
d. are credit that comes with a card you can borrow on an ongoing basis; it has interest rates, a spending limit, and monthly payments. as long as you repay what you owe, you can keep borrowing money.

Explanation:

A wire transfer is an electronic funds transfer method that moves money between parties, frequently used for international transactions. Option b describes a money order, option c describes a safe deposit box, and option d describes a credit card.

Answer:

a. A way to move money from one person to another. They are often used to send money internationally.