Telegraphic Wire Transfer – Banking Methods


Telegraphic Wire Transfer – Banking Methods

Telegraphic Wire Transfer is basically an old term used to refer to what is now commonly known as wire transfers. The term “telegraphic” was used to describe the medium over which the funds transfer between banks was carried out. Telegraphic funds transfers, usually referred to as TT, came in to replace the telex system that had been used for sending money between different banks. The introduction of telegraphic technologies presented the banking sector with a new alternative that was faster and much more secure. In the 90s however, the telegraphic system came to be replaced by electronic transfers. You will seldom find the term Telegraphic Transfers being used in casinos but when you do, remember it simply means the common wire transfer.

Online Casinos That Accept Telegraphic Wire Transfer Deposits or Withdrawals

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