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Money transfer
MONEY TRANSFER

Definition: (informal) The movement of funds from one person or party to another person or party through the instrumentality of a financial institution.
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* All ten elements should be in.


1. Purposeful (to emphasize).

2. Considered a necessity by sender.
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See perfect REPATRIATION (2).
Below the Line
1. Specific and identifiable sum or amount of money.

2. Moved timely, especially for the recipient, in order to help achieve objective(s). That is, received at the right time.

3. Sent to the rightful recipient (and received by him/her).

4. Sent from the right source, not by the ‘wrong’ sender.
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See perfect VOODOO BANKING.


5. Lawful or legal, as determined by extant laws, regulations, rules, etc. (connect to #4). That is, movement can be trailed afterwards, in case of the need for an investigation, audit, etc.

6. As agreed under the condition(s) of transfer – with or without deduction of charges, ‘handling’ costs, other expenses, etc.

7. Amount received is exact and in the appropriate currency or currencies, as expected (connect to #1 below the line).
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See perfect METICULOUSNESS.


further below the line


1. Serves purpose(s) (connect to #3).
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See perfect MEETING OF MINDS.

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