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Annexture to Telex Transfer Wire Transfer Application

Annexture to Telex Transfer Wire Transfer Application 2025

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The document is an annexure to the Telex Transfer/Wire Transfer application for students at the Melbourne Institute of Technology (M.I.T.) to facilitate the transfer of funds for their fees. It includes instructions for filling out the form, details required from both the student and the remitting bank, and specifies additional information such as bank charges and contact details for M.I.T. finance.

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Versions	Form popularity	Fillable & printable
2013	4.4 Satisfied (58 Votes)
2011	4.2 Satisfied (47 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a TT bank transfer?

TT stands for Telegraphic Transfer, an online method for internationally transferring funds between bank accounts. It is fast and secure through digital banking networks. Disclaimer: This article is for information purpose only.

Are wire transfer and RTGs the same?

Wire transfers use the SWIFT/ IBAN system, whereas bank transfers use ACH or RTGS, NFT, and IMPS (depends on country) system.

Is TT the same as wire transfer?

TT tends to have higher exchange rate margins/markups in general, which can result in higher costs for the sender and/or recipient. On the other hand, wire transfers typically have lower exchange rate margins/markups, which can make them a more cost-effective option for international transfers.

Is TT transfer the same as wire transfer?

Nowadays, the term telegraphic transfer is used synonymously with a wire transfer. This is attributed to the fact that the new electronic system has replaced the old fund transfer system in the wake of electronic and technological advancements. While a new term has been coined, at the core, the meaning is the same.