A person is guilty of an offence if by any deception he dishonestly obtains a money transfer for himself or another.
A money transfer occurs when—
a debit is made to one account,
a credit is made to another, and
the credit results from the debit or the debit results from the credit.
References to a credit and to a debit are to a credit of an amount of money and to a debit of an amount of money.
It is immaterial (in particular)—
whether the amount credited is the same as the amount debited;
whether the money transfer is effected on presentment of a cheque or by another method;
whether any delay occurs in the process by which the money transfer is effected;
whether any intermediate credits or debits are made in the course of the money transfer;
whether either of the accounts is overdrawn before or after the money transfer is effected.
A person guilty of an offence under this section shall be liable on conviction on indictment to imprisonment for a term not exceeding ten years.