Bitcoin is virtual currency. it means that in order for a transaction to occur, no middle men or central authority is required. Customer can send any amount of bitcoins to any person living anywhere in the world, completely eliminating the need for traditional third parties like banks or money transmitters.
You are newbie so at first this knowledge about Bitcoin is ok and it true but there is lot if things to learn about Bitcoin and other crypto currencies. Btw you are correct if you send fund using Bitcoin there will be no middle party. This is why Bitcoin transactions are more cheaper than transacting using banking gate ways but both have their own pro and cons.