Tt — Buy
: If you receive a remittance from abroad (e.g., USD sent to an INR account), the bank applies the "TT Buying" rate to credit your account. Key Distinctions :
: The rate used when you buy foreign currency from the bank to send abroad. buy tt
: TT is considered one of the fastest modes of electronic money transfer . 2. Shopping/Social Media: TikTok Engagement : If you receive a remittance from abroad (e
In banking, "buy TT" refers to the Telegraphic Transfer Buying (TTB) rate . USD sent to an INR account)
: TT rates apply to funds already cleared with the bank, whereas On Demand (OD) rates may apply otherwise.