
Telegraphic Transfer or Telex Transfer, often abbreviated to TT, is a historic term used to refer to an electronic means of transferring funds overseas. A transfer charge is collected while sending money. Historically `T/T,` meant a cable message from one bank to another in order to effect the transfer of money. Prior to the existence of electro.....
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http://en.wikipedia.org/wiki/Telegraphic_transfer

Electronic transfer of money between two parties on the sale/purchase of a property. Will often incur a fee from your solicitor and monies sent from a lender is usually in this form.
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http://www.encyclo.co.uk/local/20452

This is where funds are transferred electrically, and the costs of which will be added to your solicitor's charges, usually as a disbursement
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http://www.encyclo.co.uk/visitor-contributions.php

A method of transferring money abroad from one bank to another by ... <a target=_blank href='http://www.finance-glossary.com/terms/telegraphic-transfer.htm?id=1419&ginPtrCode=00000&PopupMode=false' title='Read full definition of telegraphic transfer'>more</a>
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