What is a Telegraphic Transfer (TT)?
A Telegraphic transfer (TT) is an electronic transfer of funds directly credited to an overseas bank account. Credit Union SA offers a choice of more than 130 currencies and the ability to send a Telegraphic transfer online.
Please note that Telegraphic transfers are sent via a network of correspondent banks, which sometimes levy a small handling charge on your payment. Any such fees are out of Credit Union SA and Western Union Business Solutions’ control. Given that a network of banks is used to complete your telegraphic transfer, the time it takes for your payment to be credited cannot be guaranteed.