credit transfer
A transfer of funds in which the payer issues a payment order to the payer's own bank and the order is passed, possibly through intermediary banks, to the bank of the payee or beneficiary. (See debit transfer.)
A transfer of funds in which the payer issues a payment order to the payer's own bank and the order is passed, possibly through intermediary banks, to the bank of the payee or beneficiary. (See debit transfer.)
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