What is wire trnnsfer,use standard delivered bank format that will be sent

Hi sap Gurus,
pls give me some information on this.
What is wire trnnsfer,use standard delivered bank format that will be sent to the bank and payment advice that will be sent to the vendor.
Thanks in advance,
RAVI

Hi,
An electronic transfer of funds. Wire transfers typically transfer money from one bank account to another.Like RTGS and NEFT
Regards,
Shayam

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