Receiving wire, also known as funds transfer or wire transfer, is a popular method of transferring money from one account to another. However, there are many synonyms for this process. These include electronic funds transfer, direct deposit, bank transfer, automatic clearing house, and electronic check. Each of these synonyms refers to a different method of transferring money, but they all share the same goal: to move money from one account to another conveniently and securely. Whether you're paying someone for a service or making a purchase, understanding the different synonyms for receiving wire can help you choose the best method for your needs.