0 1
Re: TT (Telegraphic Transfer), * bill etc. vs. LC (Letter of Credit)
TT (Telegraphic Transfer), * bill etc. vs. LC (Letter of Credit) [Article]
This is a comment to the article. Please click the link to view the original article.
Post 1 of 14
honeymoon
offline
No Company Website yet
Overall Ranking MVP:29 Rank:1,813,309
Replying to [Catalyst]: Good information.[em19]
TT (Telegraphic Transfer), * bill etc. vs. LC (Letter of Credit) [Article]
This is a comment to the article. Please click the link to view the original article.
10 Sep 2007 22:41
Post 2 of 14
Replying to [rajaram]:

Depending on the volume of your overall transactions, and the value of your custom, the frequency of the remittances, you may still be in a position to negotiate with your bank to reduce the fees.

Everything in life (and finance) is negotiable. [em2]

I am unable to respond to your latest question, since the "reply" button is not visible. Just for info: the bank-to-bank transfer takes place the same day. Now it is for the remiiter's bank to send the TT, and the efficiency of the receiving bank - how fast it can respond to the credit in its Nostro account. (In one of my branches in India I used to pay within 2 hours of the credit being received in the US a/c). Shouldn't take more than 48 hours max. for others.
04 Mar 2008 18:06
Post 3 of 14
Replying to [Catalyst]: how many days will it take to transfer this amount.?
06 Mar 2008 08:48
Post 4 of 14

Replying to [Catalyst]: Catalystji , your information are helpfull , It took 5 days in this case.

 

06 Mar 2008 08:48
Email this page Bookmark this page