überweisen

Überweisen is a German verb that translates to "to transfer" or "to remit" in English, commonly used in the context of financial transactions. It specifically refers to the act of moving money from one bank account to another. This can be done for various purposes, such as paying bills, sending money to friends or family, or making a purchase.

The process of überweisen typically involves specifying the recipient's bank details, including their International Bank Account Number (IBAN) and sometimes their Bank Identifier Code (BIC), along with the amount to be transferred. Banks offer different methods for initiating an Überweisung, including online banking portals, mobile banking apps, and in-person at a branch. The timeframe for the transfer can vary, with some being immediate (Echtzeitüberweisung) and others taking one to two business days.

In a broader, non-financial sense, überweisen can also mean to transfer or convey something intangible, like ideas or emotions, from one entity to another. However, its primary and most frequent usage remains within the realm of banking and financial remittances.