The payments to be made by the Buyer to the Seller shall, under this Contract, be made by telegraphic transfer.
Of course, it is cheaper than telegraphic transfer.
Inwardoutward remittances are usually carried out by a mail transfer, demand draft (DD), or telegraphic transfer (tt).
Licensee agrees to pay the contract price composed of a fixed amount of an initial fee and a running royalty in __(currency) by telegraphic transfer (T/T) through Licensee's bank to Licensor's bank.
Either a regular or urgent telegraphic transfer would be faster than a mail transfer or sending a cheque.
C: The fastest way is by telegraphic transfer from your friend's bank in Paris.
You will need to arrange a telegraphic transfer from your bank to ours.
We have accordingly instructed the Shanghai Bank to remit that amount by telegraphic transfer to you.
When your order is confirmed, you can make payment by check, telegraphic transfer, bank draft and the post office .. Please use the bank account we provide in the faxed “Sales Order”.
The payment shall be effected by the opening bank by telegraphic transfer against presentation to them of the aforesaid draft(s) and the relevant documents.