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They also take longer to pay for, because you need to send the money to us as a separate transaction. You can do this using a manual bank transfer, or by using Wire transfer, bank transfer, or credit transfer, is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made A bank account transfer is an electronic payment which sends money directly from one bank account to another. How does a bank account transfer work? A bank Bank transfers let customers send money to you directly from their bank account. Bank transfers are often used by: Software or services businesses acceptingIf customers choose Bank Transfer as their payment method, FastSpring gives them an invoice that contains the unique payment instructions for that order. carry more risks than electronic transfers. These carry an inherent fraud risk because of the intercepted en route to the bank where beneficiary details. Wise is the trading name of TransferWise, which is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference