Where can I find my KTT and wire transfer instructions?
All account-specific transfer details are available exclusively inside your Internet Banking portal under the “Fund Account” section. For security reasons, Prominence Bank […]
Transaction Limits
How should clients refer to a KTT credit?
Clients must refer to “crediting the KTT transaction.” Prominence Bank does not pre-determine or classify the nature of the remittance
Will Prominence Bank send preliminary interbank messages (e.g., MT-199, MT-799, MT-999)?
Prominence Bank does not require or issue preliminary messages for incoming KTT transactions. If your remitting institution specifically requests an
What happens if my account does not have enough funds for the 1.5% KTT fee?
If a KTT transaction is received and your account lacks the required balance to cover the 1.5% banking fee, the
What banking fee applies to received KTT transactions?
A 1.5% banking fee applies to all received KTT transactions. This fee is deducted automatically after receipt of the KTT — no upfront payment
Do I need to provide a specific DOA or KTT template?
No. Prominence Bank does not issue or require a specific DOA (document of authorization) or message template. Your remitting bank
Does Prominence Bank accept KTT transactions from any remitting bank?
Yes. Prominence Bank accepts all KTT transactions regardless of the format or verbiage, provided they are transmitted through standard international
Key Tested Telex (KTT) Transaction Policy
1. Introduction Prominence Bank is committed to providing secure and efficient Key Tested Telex (KTT) services to facilitate international financial
Does Prominence Bank have any country restrictions for transactions, such as with the USA or Europe?
We are pleased to inform you that Prominence Bank’s services are available worldwide, with no country restrictions. This allows us