Wire money transfers are a type of electronic funds transfer. They are usually considered the safest way to transfer funds, especially large amounts, to other banks or countries. In order to make a wire transfer to another country, you will need to get some information from your payee and submit a fee to a major bank to process the transfer. But If so, you'll want to know how wire transfers work and how to set one up. The process is fairly easy. Learn how to wire transfer money Australia.