meaning of KTT account
A client wants to transfer funds from one country to another via ktt mt103 followed by mt202 cash transfer. WHAT DOES THIS MEAN?
MT103/23 is still TT (Tested Telex) but with condition to release money to your account, let say your buyer made MT103/23 and state that upon the presentation of POP or Invoice or BL, and that's it. It's not scam but you need to know what is that and what you have to deal with
MT103/23 is still TT (Tested Telex) but with condition to release money to your account, let say your buyer made MT103/23 and state that upon the presentation of POP or Invoice or BL, and that's it. It's not scam but you need to know what is that and what you have to deal with
The MT103/23 does NOT exist any longer. If you are being asked to use it it is a joke. MT103 is a NON-CONDITIONAL payment method. You CANNOT add conditions to it because it would effect the "pass-through" of the MT103. No bank will even accept it they just ignore it and pay the funds out as directed by the MT103 not the field 23 which is no longer in use. If you are being offered an MT103/23 option I would advise you to run. It is usually a sign that someone in the chain does not realise it is a scam or they hope that you do not as it used to be in use but not for this purpose. Why request a format that is no longer used and would be ignored even if you tried.
They don't have KTT code
Can MT103-23 be discounted?
Is Auto Pilot Biz System is a scam?
MT103 and MT760 are international financial transaction code numbers. The code, MT103 SWIFT message is the most commonly used.
Is ktt transfer effective way of funds transfer?
Its a waste of time and money and mostly its a scam. Learn lotto scam here http://lottosystemv.com/lotto-system/lotto-system-lotto-system-scam
What is KTT code for Standard Chartered Hong Kong Limited