Meaning of the word "wire money to" in English

What does "wire money to" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

wire money to

US /waɪər ˈmʌn.i tuː/
UK /waɪər ˈmʌn.i tuː/
"wire money to" picture

Phrase

to send money electronically from one bank account to another

Example:
I need to wire money to my sister in London.
The company will wire money to your account by Friday.