Travel Money Business Currency Personal Currency Partners

Telegraphic Transfer (TT)

A Telegraphic Transfer, often abbreviated to TT, is an electronic means of transferring funds overseas. 

A TT is an electronically transmitted payment, with funds generally being available to the beneficiary within 24 hours. An additional benefit to both payee and recipient alike is the ability to track payments, just as you would with an overnight delivery service.

All overseas payments sent out by KBRFX are using TT payment utilising the SWIFT (Society for Worldwide Interbank Financial Telecommunication) network , a member-owned cooperative through which the financial world conducts its business operations with speed, certainty and confidence. More than 9,000 banking organisations, securities institutions and corporate customers in 209 countries trust SWIFT every day to exchange millions of standardised financial messages.


This entry has been viewed 9206 times.

Cookies On The KBRFX Website

We use cookies on our website. They help us to know a little bit about you & how you use our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on our website. However, if you would like to, you can change your cookie settings at any time.

Continue Find out more