define T/T in import export business?

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define T/T in import export business?

2006-08-22 03:39:22 · 2 answers · asked by higglas 1 in Business & Finance ➔ Small Business

2 answers

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.

2006-08-22 12:05:16 · answer #1 · answered by International Business Training 2 · 0⤊ 0⤋

Your question is too ambiguous

2006-08-22 12:24:13 · answer #2 · answered by madrax 3 · 0⤊ 0⤋