A telegraphic transfer represents the fastest, most secure and inexpensive method of transferring funds internationally, especially when denominated in the beneficiary's local currency.
- Fastest transfer, often received and cleared within 24hrs
- Delivery can be tracked just like a package
- Fixed exchange rates
- Most flexible, available in over 40 currencies.
We will get your funds there same day
A telegraphic transfer also lowers transaction costs. An international payment sent in GB Pounds typically flows through several correspondent banks - (banks that have a working relationship with the recipient bank)- and fees can occur at each step of the process.
A piagi telegraphic transfer is likely to reduce associated banking fees because GB Pounds is converted to the beneficiaries currency before the TT is sent; therefore the currency passes directly to the beneficiary’s bank.
It also fixes the exchange rate ahead of time, thereby establishing the currency amount paid to the beneficiary and the sterling cost to your business.
piagi telegraphic transfers are available in over 40 currencies.
Also known as a TT, International Wire Payment, Wire, RTGS Payment Issue.