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How wire transfers work and when to use them - CEO North America

Summary by Chief Executive Officer North America
For businesses, wire transfers offer several critical advantages: Speed: When timing is critical—for example, when securing a limited-time acquisition opportunity or preventing supply-chain disruption—wire transfers deliver same-day settlement. This prevents costly delays that could result in missed opportunities, contract penalties or damaged business relationships. Security and reliability: Wire transfers follow a multi-layer protocol that in…
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Chief Executive Officer North America broke the news in on Thursday, April 24, 2025.
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