KTT

KTT

  • Key Tested Telex (KTT) System
    • The Key Tested Telex (KTT) system was a widely used method for secure financial communication between banks before the adoption of the SWIFT network. It relied on the Telex system for transmitting financial messages and incorporated a cryptographic authentication method known as the Key Test Code to verify the authenticity of transactions.
  • Bank: DM
  • Ratio:
    • Sender = 50% (Brokers included)
    • Receiver = 50% (Closed)
  • Project: Government to Government
  • Procedure:
    • Send DOA
    • Appointment for signing contract
    • Place a deposit of $3,500 to initiate the process (*refundable if the sender successfully SWIFTs the funds into the receiver’s account)
    • Receiver initiates the process (21 bank days)
    • Sender Swift will be sent within 7 bank days.
  • Laos Tranches:
    • First project = 500M USD/EUR.
    • Second project = Unlimited
  • Payment method:
    • Worldwide Bank Transfer
    • BTC or USDT