CNBC Select explains how wire transfers work, how long transfers take, how much fees are and how to avoid wire transfer scams.

When you need to send a large sum of money quickly, a wire transfer can be an ideal solution. Here are the steps to take. To wire money, you must provide the following information. When sending money ...

When you need to send a large sum of money quickly and securely, a wire transfer is a reliable option. It’s faster than mailing a check and safer than sending cash — but it usually comes with a fee. A ...