Quoting from [xtiml]:Now a days sending TT payment is very easy
Quoting from [xtiml]:
I had big problem with my american bank with these T.T. payments. first the lady transcribed the numbers out of sequence which took me a few weeks before i realized it and corrected and re-sent it, it still would not go through so i recalled it and just today re-sent with a largher order. any one had problem like this , please inform me and advise.thanks, martin
Nope, never had. But it sounds like you need a better business oriented bank.
Ranger
Me Tech Supply
ME Tech Supply a D. B. A provides sourcing solutions for both small and medium sized businesses. We are members of the GSAA whose Agents have verified more than 2. 5 million companies World WideWe offer low cos...
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Quoting from [zealotwan]:
Replying to [xtiml]:
To ensure correct informations provided for sending money through TT, it is good to understand the SWIFT format.
Let say you want to send money for USD3,500,000.00 from your bank, Union Bank of California, Los Angeles to Ranger who maintains an account with Citibank New York for purchase of 3 units of computer servers. The format will look like this:
MT 100 (CUSTOMER TRANSFER)
FM BANCAL33
TO CITIUS33
20: /transaction reference number
002570109TT
(This field is to indicate the TT transaction number which is provided by the sending bank)
32A: /value date, currency and amount
070412 USD 3,500,000.00
(This field is to indicate the date the TT is sent, ISO currency code and the amount in figures)
50: /ordering customer
Xtml
Coconut Beach
Los Angeles, California
(The originator or applicant)
52D: /ordering bank
BANKCAL LA
(The bank that receives the instruction from applicant and send out message)
57D: /account with bank
CITIUS33
(The bank where Ranger maintains his account)
59: /beneficiary customer
0-123456-11-435-3
(The Ranger’s account number. You may also put in the full name and address)
70: /details of payment
Pymt of 3 unit servers
(This field is to indicate purpose of payment. Some banks do not include this field)
71A: /details of charges
BEN
(This field indicates who should bear the charges of the receiving bank. It is customary that the beneficiary bear the charges)
This is a simple format with a straight forward instruction to remit payment to the beneficiary. I'm sure Ranger would be happy to receive the amount.
Me Tech Supply
ME Tech Supply a D. B. A provides sourcing solutions for both small and medium sized businesses. We are members of the GSAA whose Agents have verified more than 2. 5 million companies World WideWe offer low cos...
More