Prominence Bank

How long does it take for a KTT transaction to be processed and credited to my account?

KTT transactions are posted after Prominence Bank receives the authenticated interbank telex from the remitting institution and completes standard compliance checks. Our service level is up to four (4) banking days from confirmed receipt of the complete KTT message. Many transactions clear sooner; however, timing depends on the remitter’s dispatch, intermediary routing, and any required verifications. Posting occurs only if your account is in good standing and has the required available balance to cover the 1.5% KTT fee and the minimum balance. Inter-bank coordination is conducted exclusively via KTT/SWIFT; we do not provide confirmations by email or phone. We will credit the KTT transaction exactly as received from your remitting bank.

Did you find this FAQ helpful?
Thumbs Up Icon 0
Thumbs Down Icon 0

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top