International money transfer
International money transfer means the electronic transfer of funds requested by a sender to a designated recipient that is sent by an international money transfer provider. The term applies regardless of whether the sender holds an account with the international money transfer provider, and regardless of whether the transaction is also an electronic fund transfer, as defined in 1005.3 of this chapter. The term does not include any transfer that is excluded from the definition of electronic fund transfer under 1005.3(c)(4) of this chapter.
Source
12 CFR § 1090.107
Scoping language
Market-related definitions. As used in this subpart: