What is telegraphic transfer?

[nivetha]

Telegraphic transfer is the electronic transfer which is to transfer funds. It is primarily for overseas wire transactions. Use our telegraphic transfers to help you to make fast, secure payments both in Australia and overseas.

[arul]

Telegrapic transfer is the electronic method of transferring funds.

[vaishali]

Telegraphic transfer (TT) is an electronic method of transferring funds. Telegraphic Transfers are used primarily for overseas wire transactions.

[JOHN]

Telegraphic Transfer commonly known as Telex Transfer (TT) is an electronic method of transferring funds abroad. Funds are credited directly to a nominated bank account.

Now the term is updated to Electronic Funds Transfer (ETF). TT is fairly expensive due to its fast nature of the transaction.

Sentence Formation:

My brother who is working in London, sends money via Telegraphic Transfer, for family expenses. 

[Author]

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