What is T/T?
T/T stands for telegraphic transfer, a form of bank transfer.
It is one of the simplest forms of international transfers. In traditional international trade, it’s risky for buyers to pay using bank transfers because their money goes into the suppliers’ bank account directly before they are able to receive their order.
However, on Alibaba.com, you can use bank transfers safely via our Secure Payment service. With Secure Payment, your payment is placed into an Secure Payment account and held securely for you. Payment is only released to the supplier once you confirm delivery of your order.
1. The processing fee:
It depends on region. Drawee bank, intermediary bank and beneficiary bank may all charge for service fee, please contact your bank for the details.
2. How long it takes:
If you are paying via T/T, it will take about 3-7 working days to be reflected in the account.
3. How to print out payment details:
1) Locate order in My Alibaba, you would find a page like this, please click "View More" to the order detail page.
2) Click "payment details", you would find the button of "Print" as below:
Click here to know how to pay my Trade Assurance order by Telegraphic Transfer (T/T).
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