telegraphic transfer

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الإنجليزية - الإنجليزية
Telegraphic Transfer or Telex Transfer, often abbreviated to TT, is an historic term used to refer to an electronic means of transferring funds overseas. A transfer charge is collected while sending money
The term Telegraphic Transfer or Telex Transfer, often abbreviated to 'TT', is most often used in UK Banking to refer to a CHAPS transfer; that is a payment made via the Clearing House Automated Payments System. The term is also used to describe other electronic funds transfer methods and, incorrectly, BACS (Bankers Automated Clearing Services) and AFTS (Automated Funds Transfer System) payments
The electronic transfer of money
Payment instruction sent from one bank to another by electronic means, either SWIFT or telex This is generally the method of choice for urgent or high-value payments
transfer of money after giving an instruction over a communications system
Electronic transfer of money between two parties on the sale/purchase of a property Will often incur a fee from your solicitor and monies sent from a lender is usually in this form
The electronic transfer of money from one Bank account to another Usually used to send money from the buyers solicitors to the sellers solicitors on the day of completion The system ensures same-day transfer of the money and it is a very quick and reliable method of transferring money However, it is not an instant transfer
Electronic transfer of money between two parties
A transfer of funds via a bank, usually by CHAPS Often referred to as a "TT" This is probably the quickest way to get a deposit to a conveyancer, but the banks make a charge for this service
telegraphic transfer
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