Examples of Telegraphic Transfer in a sentence
Payment shall primarily be through KPLC’s cheque or Real Time Gross Settlement (RTGS) for local based suppliers or Telegraphic Transfer (TT) for foreign based suppliers.
If the order value is less than US$10,000 , then 100% payment will be through a Telegraphic Transfer (TT).
Provided that, such Board Resolutions shall be supported by an unqualified opinion issued by the legal counsel of such foreign entity stating that the Board Resolutions are in compliance with the applicable laws of the respective jurisdictions of the issuing Company and the authorizations granted therein are true and valid.The USD - INR exchange rate shall be considered as the corresponding Telegraphic Transfer (TT) buying rate specified by SBI 7 days before the last date of submission of bid.
The bank guarantee is to be valid during the currency of the guarantee period for the equipment, with an invocation period of one month.All the documents clearly indicate the Purchaser’s Order number, Import Licence Number, Airway Bill / Bill of Lading Number on Invoice and Packing Lists.The balance 10% payment shall be made by Telegraphic Transfer, after satisfactory installation and trials / commissioning and as certified by the Purchaser.
If the order value is less than US$10,000, then 100% payment will be through a Telegraphic Transfer (TT).