The bank transfer
Example: The bank transfer takes several hours to complete
Definition
"The bank transfer" refers to the electronic movement of money from one bank account to another, typically used for payments or sending funds, and often taking several hours to complete depending on the banking systems involved.
Etymology
The phrase "the bank transfer" combines "bank," originating from the Italian word 'banca' meaning bench or counter where moneylenders operated, and "transfer," derived from Latin 'transferre,' meaning to carry across. Together, they describe the process of moving money between bank accounts electronically.
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"The bank transfer" appears in the Vocaplus list "English - General - (A2) - set 3", containing 116 commonly used words.
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