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In 2020, after the Covid-19 pandemic spread and dominated the whole world, some technological developments entered our lives in order to minimise physical contact and make our lives easier, and these developments remained as habits in our lives.

With the advancement of technology, internet technologies have introduced numerous innovations into human life.

In today's world, virtual life now offers some conveniences that we can handle all our business in a practical way.

When it comes to moving money across borders, understanding the terminology and processes is essential. International money transfers, commonly known as SWIFT transfers, are often confused with domestic transfer methods like wire transfers and Electronic Funds Transfers (EFT).

With the advancement of technology, money transfer transactions have gained importance. You can make money transfers without going to the bank thanks to mobile and internet branchesMoney transfers between accounts are called havale; transfers between banks are called EFT