During importing material In sender's terms he quotes t/t payment term
2006-08-10 21:39:43 · 4 answers · asked by d b 2 in Business & Finance ➔ Other - Business & Finance
In the import-export world, "T/T" usually means Telegraphic Transfer, one of the methods an international buyer pays the seller for the goods. A telegraphic transfer is a message forwarded electronically by they buyer's bank to pay a specific amount of money to the beneficiary of the transfer on behalf of the remitter.
2006-08-11 10:15:40 · answer #1 · answered by International Business Training 2 · 0⤊ 0⤋
import means to buy some materials from other countries
export means to send materials to other country
2006-08-11 04:45:29 · answer #2 · answered by terrible rock 1 · 0⤊ 0⤋
itc could mean the cash transfer for payment of goods.... TT ''telegraphic transfer''
2006-08-11 04:45:58 · answer #3 · answered by Alex S 2 · 0⤊ 0⤋
tariff and taxes, my dear...
2006-08-11 04:49:01 · answer #4 · answered by Sheepish TinTin 3 · 0⤊ 0⤋