transfer company

noun

1. a company that transports people or luggage for a relatively short distance, as between terminals of two railroad lines.

Word History and Origins

Origin of transfer company¹

An Americanism dating back to 1875–80

Example Sentences

He sends these remittances through mobile money, usually phone-based digital transfers, rather than through a physical location like a bank, post office, or Western Union-style money transfer company.

From BBC

The deal stipulates that Binance.US can transfer company assets “solely to make payments for expenses or to satisfy obligations incurred in the ordinary course of business.”

From New York Times

Jackson wrote that the unclaimed funds generally belonged to the states where the MoneyGram financial products were purchased and not to Delaware, the state where the world's second-largest money transfer company is incorporated.

From Reuters

The FTC recommends asking your bank or wire transfer company to reverse the transaction.

From Slate

The team will be called MoneyGram Haas F1 beginning next season and the two-car livery will change for a look that incorporates the red and white colors favored by both Haas Automation and MoneyGram, a digital money transfer company.

From Seattle Times