Washington State Department of Financial Institutions

Glossary of Terms

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W

Warranties - Written guarantees of the quality of a product and the promise to repair or replace defective parts free of charge.

Washington State Department of Financial Institutions (DFI) - Regulates and licenses a variety of Washington State Financial Service Providers such as banks, credit unions, mortgage brokers, consumer loan companies, money transmitters, check cashers and check sellers, payday lenders and stockbrokers.  DFI also works to protect consumers from becoming victims of financial fraud.

Wire Transfer - The transfer of funds to another location through a correspondent bank by telephone or telegraph.

DFI