transfer of funds

USAGE SUMMARY

The phrase "transfer of funds" is correct and usable in written English.
It can be used in contexts related to banking, finance, or any situation involving the movement of money from one account to another. Example: "The transfer of funds will be completed by the end of the business day."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

In an emergency, room service can arrange a wire transfer of funds.

The New York Times

Aid was meant to be the transfer of funds to cash-strapped nations.

The Guardian

Tullow expects the transfer of funds to take place as soon as possible.

The Guardian - Business

Brown tells Haarde that KSF has broken the law with transfer of funds.

The Guardian - Business

In September the Japanese government approved measures to block the transfer of funds to North Korea.

The Economist

"When the former chairman asked for a transfer of funds, his wishes were obeyed without question".

The New York Times

"If the Palestinians return to taking unilateral steps, we will weigh again the transfer of funds".

The New York Times

Santander said that he gave personal details to the fraudsters, "thus validating and authorising the transfer of funds".

The Guardian - Business

Criminals will then often send a fax to the bank requesting a wire transfer of funds to a different account.

The New York Times

The fine has been levied against Santander's bank in Nassau, Bahamas, for a transfer of funds through Cuba in 2001.

The Guardian - Business

The report showed, by other measures, that since then the transfer of funds to Bermuda has been accelerating.

The New York Times

Expert writing Tips

Best practice

When writing about formal financial matters, use "transfer of funds" to maintain a professional tone. For less formal contexts, consider alternatives like "money transfer".

Common error

Avoid unnecessary jargon when describing a "transfer of funds". Clear and concise language is generally preferred, especially when communicating with a general audience.

Linguistic Context

The phrase "transfer of funds" functions primarily as a noun phrase. It typically acts as the subject or object of a sentence, denoting the action or process of moving money from one entity to another. Ludwig provides numerous examples illustrating this function across various contexts.

Expression frequency: Very common

Frequent in

News & Media

39%

Formal & Business

30%

Science

31%

Less common in

Wiki

1%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "transfer of funds" is a common and grammatically sound term used to describe the movement of money between entities. As Ludwig AI highlights, it appears frequently in news, formal business documents, and scientific publications. While often used in formal contexts, remember simpler alternatives like "money transfer" might be more appropriate for informal communication. Avoid overcomplicating sentence structures, focusing instead on clear and concise language to ensure your message is easily understood.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

fund transfer

Reverses the order of words; subtly changes the emphasis.

money transfer

Replaces "funds" with "money", a more common term.

remittance

Implies a transfer of funds to another party, often internationally.

funds disbursement

Focuses on the act of releasing funds.

electronic funds transfer

Specifies that the transfer is done electronically.

wire transfer

Refers to a specific method of electronic fund transfer.

funds transmission

Emphasizes the act of sending funds.

financial transaction

A broader term encompassing any financial exchange.

payment

General term for giving money for goods or services.

capital transfer

Emphasizes the transfer of capital or assets.

FAQs

How can I use "transfer of funds" in a sentence?

You can use "transfer of funds" to describe the movement of money between accounts or entities. For example: "The "transfer of funds" will be completed by the end of the day."

What is a more informal way to say "transfer of funds"?

In less formal contexts, you can use phrases like "money transfer" or "fund transfer".

What's the difference between "transfer of funds" and "remittance"?

"Transfer of funds" is a general term for moving money. "Remittance" specifically refers to money sent by a foreign worker back to their home country.

Is "transfers of funds" or "transfer of funds" grammatically correct?

Both are grammatically correct, but "transfer of funds" is generally used as a singular noun phrase referring to the general concept. "Transfers of funds" is used when referring to multiple, distinct instances of fund transfers.