Does anyone know what payment method T/T means when buying in goods from abroad?

Question

Does anyone know what payment method T/T means when buying in goods from abroad?

Answer 1

telegraphic Transfer generally costs around £35 and most banks place a minimum to transfer (usually £5000)

Answer 2

It means Telegraphic Transfer, which is an old way of saying Bank Transfer.

You will need sending codes and sorting codes etc to do this transfer.

Answer 3

Telegraphic transfer - you need to go to your bank and get them to send the money for you.  They will charge you for this (not cheap).

Answer 4

Telegraphic Transfer

Speak to your bank, you will need to know the account details of the company you wish to transfer the money to, the bank sort out the rest (They do charge you for this service though)