What is transfer?

What Does transfer Mean

From the Latin transferens , transfer is a term linked to the verb transfer (transfer or send something from one place to another, grant a domain or a right). The term is very common in the field of commerce and business to name the operation that consists of transferring a sum of money from one bank account to another.

For example: "Let Gómez know that the transfer has already been made" , "Until the transfer is credited, I am not going to send him the packages" , "Martínez said that he made the transfer but the money has not yet reached me . "
The mechanism of bank transfers has changed a lot in recent years. Before it was necessary to go to a bank branch and fill out different forms; currently, transfers can be made directly over the Internet .

It is important to underline that there are different types of transfers. Thus, for example, when they are made having as origin and destination accounts from the same bank, those are called transfers.
Specifically, we can establish that those are classified based on the geographical area in which they take place, the way in which it is carried out or the period in which it takes place. Hence, we basically find the following typologies:
National transfers. These are those that have the same country as the stage both in terms of sending funds and receiving and collecting them. In the case of Spain, to be able to carry out one of these, the payer is required to provide a total of 20 digits, which correspond to the code of the client account of the person who will receive the monetary amount in question.
International transfers. As its name suggests, these are the ones that are defined because both the person who performs it and who the beneficiary is are in different countries. The international account number (IBAN) and the bank identification code (BIC) of the financial institution from whom the payment is received are the basic data needed in Spain to be able to manage this transfer quickly and easily.
In the same way, it must be emphasized that the fact of carrying out this banking operation entails the payment of a commission from the person who is going to carry it out to the corresponding financial institution.
For psychology , on the other hand, the transference is the feelings that come from the past but that the individual projects on new social ties. These affects are usually directed towards parents or other important subjects of childhood, appearing in adult life from the phenomenon of transference.
Psychoanalysts claim that the transference occurs naturally, although it can be a positive transference (loving feelings) or a negative transference (feelings of rejection).

In computing , data transfer is the sending of digital information from one computer (computer) to another. The concept can be used to name the download of information from a server: "I was downloading a movie but the data transfer was interrupted . "

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