#transfer #telegraphictransfer
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Telegraphic transfer (TT) is a method of transferring funds electronically; it is usually used to refer to international wire transfers. The abbreviated term "TT" is often used for convenience to describe other types of transfers. In the U.S. a TT is more commonly called a wire transfer. Telegraphic transfers are characterized by being fast; they are usually completed within 2-4 business days depending on factors such as currency exchange requirements and the transfer's origin and destination. TT's are usually more expensive than some other methods of electronic transfers. A TT can be made between two accounts held by the same person or accounts held by different people.

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