client support Archives - Prominence Bank

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Clarification on KTT Cash Transfers and Bank Responsibilities

November 23, 2024admin

It is important to understand how KTT cash transfers work to avoid any confusion regarding the process. Here’s a breakdown of the key aspects: 1.Bank Officer Notifications: When a bank officer informs you of an incoming KTT cash transfer, they are simply relaying the information visible on the bank’s system. This does not guarantee that...

General Information for Clients: Understanding KTT Transactions and Associated Risks

November 23, 2024admin

At Prominence Bank, we value transparency and appreciate the importance of sharing experiences to educate others about financial transactions. One area that requires significant caution is Key Tested Telex (KTT) transactions. While these transactions can appear promising, they often come with substantial risks that should not be underestimated. Risks of KTT Transactions: Many clients have...