1. the system of allowing somebody to take completed units of study from one course to another so that they contribute to the final qualification
   • ● Institutions need to develop processes for facilitating credit transfer for academically qualified students.
2. (British English) the process of sending money from one person’s bank account to another’s
   • ● Wages are paid by direct credit transfer to your bank account each month.
   • ● The cost of credit transfers has increased.

[TahlilGaran] English Dictionary ▲