TELEGRAPHIC TRANSFER
WHAT IS TELEGRAPHIC TRANSFER?
WHO'S INVOLVE IN TELEGRAPHIC TRANSFER?
WHAT IS OUTWARD TT?
WHAT IS INWARD TT?
TT is a form of transferring money electronically using cable, telex, fax, telephone, or any kind of fund transfer system such as RENTAS or SWIFT.
✅The Sender
:
✅ The Receiver
✅ Remitter
✅ Beneficiary
Local Outward Telegraphic Transfer
Foreign Outward Telegraphic Transfer
Local Inward Telegraphic Transfer
Foreign Inward Telegraphic Transfer
BA242 2C
The institutions that send the money
the institutions that receive the money
the ordering customer
the payee or the party to whom the money is intended to be send
transfer fund within Malaysia
Example: transfer of fund from Kuala Lumpur branch to Malacca branch
transfer of fund from Foreign bank to local bank
Example: transfer of fund from bank of England in UK to Maybank in Malaysia
transfer of fund from local bank to foreign bank
Example: transfer of fund From Maybank in Malaysia to Bank Of England in UK
transfer of fund between two different branch of bank
transfer of fund from Maybank Malacca branch to Maybank at Sarawak
Nik
Shaheer
how much is the charges for telegrahic transfer and what are the details required to perform TT?