What does T/T mean in Accounting?

This page is about the meanings of the acronym/abbreviation/shorthand T/T in the Business field in general and in the Accounting terminology in particular.

Telegraphic Transfer

Business » Accounting


Find a translation for T/T in other languages:

Select another language:


What does T/T mean?

Telegraphic transfer
Telegraphic Transfer or Telex Transfer, often abbreviated to TT, is a historic term used to refer to an electronic means of transferring funds overseas. A transfer charge is collected while sending money. Historically "T/T," meant a cable message from one bank to another in order to effect the transfer of money. Prior to the existence of electronic payment networks this was often directly between banks via a Telex message.

see more »


Discuss this T/T abbreviation with the community:


Use the citation below to add this abbreviation to your bibliography:


"T/T." Abbreviations.com. STANDS4 LLC, 2017. Web. 25 Nov. 2017. <http://www.abbreviations.com/term/392875>.