Money Transfer Service
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Transfer payment - In political science and economics, a transfer payment is a payment of money from a government or any other organization to an individual, a group or another order of government for which no good or service is directly required in return. In economics, government transfer payments are often thought of as a negative tax, since in the case of a tax, people pay the government without getting any good or service in direct exchange.
Automatic transfer service account - An automatic transfer service account is a deposit account that allows the transfer of funds from a savings account to a checking account in order to cover a check written or to maintain a minimum balance.
SpeedPost - SpeedPost is the trade name or brand name for a high-speed postal service provided by several postal companies around the world. It is Chunghwa Post's high-speed domestic postal service in the Republic of China (Taiwan), Hongkong Post's international courier post service (with the generic name "EMS"), Indiapost's local and international postal as well as money transfer service, as well as SingPost's local and international express and trackable postal and courier service.
Informal value transfer system - An informal value transfer system (IVTS) refers to any system, mechanism, or network of people that receives money for the purpose of making the funds or an equivalent value payable to a third party in another geographic location, whether or not in the same form. Informal value transfers generally take place outside of the conventional banking system through non-bank financial institutions or other business entities whose primary business activity may not be the transmission of money.
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