Good-Guy
VIP Contributor
Using banking system to make or receive payments is still one of the most common ways to pay or get paid in the world. I think it will still take a lots of time for other payments mthods to replace banking system and I think this is because of the fact that banking system is one of the oldest monetary system that has been in existence. However, banking system consists of many modes of payments. Two of such modes of payment include bank wire payment system and bank transfer system. I have read that bank transfers mode of payment is much safer as compared to bank wire transfer. However, bank wire is swifter as compared to bank transfer. So, What Is The Main Difference Between Bank Transfer And Bank Wire?
