TT Payment Meaning?


TT payment which stands for Telegraphic transfer payment is an electronic way of transferring funds overseas. Through this method of payment the funds are generally expected to be available to the beneficiary within 24 hours and one of its advantages is that you can also track payments.
1 Additional Answer
TT stands for telegraphic transfer, a form of bank transfer, TT payments are a cheap and fast way of transferring money overseas through most banks. This is said to be one of the simplest forms of international transfers.
Q&A Related to "TT Payment Meaning?"
TT - Telegraphic Transfer. A method of payment where and immediate transfer of funds takes place between two bank accounts. in this case, the buyer will have no control over the receipt
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The name supposedly comes from Isle of Man Tourist Trophy - a race in which NSU motorcycles participated in early 1900s. Wikipedia also mentions that it could mean "Technology
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