3.(Banking & Finance) telegraphic transfer: a method of sending money abroad by cabled transfer between banks 4.(Individual Sports, other than specified) Tourist Trophy (annual motorcycle races held in the Isle of Man) 5.(Biochemistry) tuberculin-tested ...
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In international business, you’ll hear terms like “Telegraphic Transfer”, “SWIFT wire transfer”, “tt payment”, and “telex transfer”. These aren’t just fancy words; they’re important parts of how money moves around the world. Simply put, A Telegraphic Transfer (T/T) is a method...
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Finally, the recipient might also have to pay a charge levied by their own bank, in order to receive a TT payment. These fees vary between account types, and banks - check out the details of your own bank account, in their terms and conditions, which should be available online. ...
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A telegraphic transfer (TT) is an electronic method of transferring funds used primarily for overseas wire transactions. These transfers are used most commonly withClearing House Automated Payment System(CHAPS) transfers in the U.K. banking system. Telegraphic transfers are also known as telex transfe...