• Telegraphic Transfer Payments
Transaction Currency
TT’s can be processed all accepted foreign currencies such as USD, GBP,EUR,CNY,SGD and HKD check with business and decide at which level this will be defined (eg. Invoice level to define all GBP invoices payment currency to be GBP. Check this with business)
Telegraphic Transfer
This file has e-mail advice and structured advice tags. HSBC can support up to six e-mails for e-mail advice and up to 2000 separate invoices on a single credit transfer.
TT is complex in nature compared to other payment types. Variables to consider are stated below