Manage transfer transactions

Trigger: A customer or financial institution submits a request to move funds between accounts or entities.

1. Receive and authenticate the transfer request
2. Validate available funds and perform compliance screening
3. Route the transaction through the appropriate clearing network
4. Execute the debit from the source and credit to the destination
5. Transmit confirmation notices to the involved parties
6. Reconcile the completed transaction in the core banking system

Outcome: Funds are successfully settled in the destination account and the general ledger is updated to reflect the transfer.