TT 电汇

TT (Telegraphic Transfer) is a standard bank-to-bank wire transfer, typically via SWIFT. In solar imports, TT payment structures are: (1) 30% TT deposit + 70% on sight of BL copy (mainstream for EU/US buyers); (2) 50% TT + 50% before shipment (emerging markets, new buyers); (3) 100% TT before shipment (frontier markets, small orders). TT is faster and cheaper than LC but offers less buyer protection if the seller is unknown. Always verify bank details via phone (not email) before sending large sums to prevent wire fraud.