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What is TT in a bank?

Updated: 9/15/2023
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14y ago

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Telegrafic Transfer

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Q: What is TT in a bank?
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Related questions

What does it mean by buying TT or OD or selling TT or OD in foreign exchange?

TT - telegraphic transfer OD - on demand, i.e. currency notes Buying TT or OD = bank buying from you Selling TT or OD = you buying from bank


What is the fullform of TT in bank transaction?

Telegraphic Transfer


Bhopal tt nagar branch code?

branch code for state bank of India tt nagar branch is 1308


When making a TT and L payment at the bank who should the check be made payable too?

To the bank


What is the swift code for Bank of Nova Scotia in Toronto Canada?

NOSC CA TT


How much you have in the bank to convince the Visa Officer to give a tourist visa to UK?

10,000 tt dollars


How can one send money from India to US?

The best way is to approach your bank and TT (Telegraphic Transfer).


Reasons why selling TT rate is higher than buying TT rate?

TT Selling rates are always higher than the TT Buying rates as the difference between the two is the spread a bank keeps. This spread is kept to cover the exchange risk that the bank has as well as the charge to provide the service. In case of USD/INR if the rates quoted in the market is 56.01/02, it essentially means when we sell USD (we received from abroad) to a bank, the rate quoted will be 56.01 (minus) an exchange margin that the bank might keep. On the other hand, when we buy USD (we are to make payment to a party abroad) from a bank, the rate quoted will be 56.02 (plus) an exchange margin that the bank might keep. The exchange margin mentioned here may differ from client to client depending upon the relationship that the bank has with the client.


Swift code of chase bank in Phoenix?

i want to deposit from london uk bank in my saving acount in phx . what is the swift code than my ac no .how can deposit or tt from other bank of london uk


What are the possible offspring outcomes if parent 1 Tt crosses with parent 2 tt?

Tt, tt -- novanet :)


When two pea plants with Tt traits are cross pollinated what offspring will result in what?

If the two parent pea plants have Tt traits, they will create TT, Tt, Tt, tt. 1 TT - homozygous dominant, 2 Tt - heterozygous, and 1 tt - homozygous recessive.


What are the possible offspring outcome if parent 1 Tt crosses with parent 2 tt tt?

Tt, tt -- novanet :)