Money transfer

A money transfer usually refers to a cashless way of paying:

• Giro, a direct deposit
• Email Money Transfer, as used in Canada
• Money order
• Wire transfer, a term for an international bank-to-bank transfer of money.

There are also cash based systems such as:

• Remittance, a term used for a foreign worker transferring money to (usually) their family in their home country, often controlled by a small group of companies such as Western Union.
• al-Barakat, an informal system to transfer money, predominantly in Arab countries and Arab immigrants all over the world