TT remittance terms refer to "Telegraphic Transfer," a method of transferring funds electronically from one bank account to another, often used in international transactions. Under these terms, funds are typically sent quickly, usually within one to three business days, depending on the banks involved. The sender must provide the recipient's bank details, and fees may apply for both the sender and recipient. TT is often preferred for its speed and security compared to traditional methods like checks or cash.
Telegraphic Transfer.
The prefix of "remittance" is "re-."
The correct spelling is remittance (payment).
Remittance is, essentially, the act of paying. An example sentence would be: The cashier was patiently waiting for his remittance.
how make remittance letter
definition of remittance letter
This is the date when the remittance, or payment you send, must be received.
The Remittance Man was created on 1913-09-13.
There are a number of way to get a remittance payment. The policies for receiving this payment vary from company to company, and you should speak with your bank on how they handle remittance payments.
T/T in the marine context refers to "Tender To". As in a boat that is a tender to a larger vessel.
Please detach the bottom section and return with your remittance in the enclosed envelope.
(1) The purpose of a remittance advice is to inform the supplier that their invoice has been paid. If paid by cheque the cheque will usually be attached to the remittance advice.