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Acronyms that contain the term Telegraphic Transfer
What does Telegraphic Transfer mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: Telegraphic Transfer.
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What does Telegraphic Transfer 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.
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"Telegraphic Transfer." Abbreviations.com. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.abbreviations.com/Telegraphic%20Transfer>.
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