Telegraphic Transfer Service
This is a funds transfer service where the bank remits money on behalf of its clients to foreign countries, in foreign currencies. Telegraphic Transfer payments are effected on behalf of customers through SWIFT transfers. We deal in all major currencies such as USD, EUR, GBP and ZAR. It is efficient, secure and irrevocable. The rate, charges and value date are specified at the point of doing the transaction. The bank usually settles TT on the same date.