Key-Tested Telex banking
KTT capability built into your banking relationship
Eligible Personal and Business/Corporate accounts include KTT capability upon account activation, connecting secure bank-to-bank communications with international banking and settlement services.
International banking by telex
Secure communications for eligible bank-to-bank business
Key-Tested Telex remains an established communication method for certain international banking relationships. Prominence Bank supports approved digital and analog KTT messages, funds-transfer workflows, financial-instrument communications and other eligible bank-to-bank instructions.
The account provides a practical base for KTT activity: multi-currency banking, 24/7 online account access, international settlement capabilities and a dedicated route for transaction coordination.
- Personal and Business/Corporate account options
- Eligible incoming and outgoing KTT activity
- Approved funds and financial-instrument communications
- International wire-transfer capability through supported channels
What the account provides
A complete operating base for KTT activity
The account combines core banking access with the KTT capabilities required for eligible international transactions.
Multi-currency account
Hold and manage supported currencies with secure 24/7 Internet Banking access.
KTT messages
Send and receive approved digital or analog telex communications through the designated KTT channel.
Funds transfers
Coordinate eligible KTT funds-transfer workflows and supported international wire transfers.
Financial instruments
Support eligible bank-to-bank communications involving approved financial instruments.
Transaction coordination
Work with the KTT operations team through a documented transaction pathway.
International settlement
Connect KTT activity with supported correspondent and payment channels.
Digital onboarding
Complete the Personal or Business/Corporate account application online.
Relationship support
Access clear banking, account and KTT points of contact throughout the relationship.
Published service parameters
Clear account and transaction information
The current public schedule presents the principal account-opening and KTT service parameters below.
Digital account opening
Open a KTT-enabled account in four guided stages
KTT capability becomes part of the approved account relationship, with the onboarding and activation process completed digitally.
Select the account
Choose the Personal or Business/Corporate application that fits the banking relationship.
Complete verification
Provide the requested client, identity and business information through the secure application process.
Complete account opening
Follow the published fee and onboarding instructions linked to the application ID.
Activate and transact
Approved accounts receive online access and integrated KTT capability upon activation.
Transaction readiness
A clear workflow from message to settlement
Each proposed KTT transaction is coordinated around the communication type, counterparties, amount, currency, instrument details and intended settlement route.
- Account standing and available transaction-fee coverage
- Authenticated counterparties and communication channel
- Complete transaction information and supporting records
- Supported currency, corridor and settlement route
- Operational scheduling and documented execution
KTT account questions
Helpful answers before you apply
Is KTT capability included with the account?
Yes. KTT capability is included for eligible Personal and Business/Corporate account holders when the approved account is activated.
Can the account receive funds and financial instruments by KTT?
The Bank supports eligible incoming and outgoing KTT workflows involving funds, financial instruments and approved bank-to-bank communications.
What minimum balances apply?
The published minimum required balance is $/€5,000 for a Personal account and $/€10,000 for a Business/Corporate account. The current Fees page provides the governing public schedule.
How long does account opening normally take?
Complete applications are normally reviewed within 48 to 72 hours after the requested information, documents and verification steps have been completed and accepted.
Open an international account with KTT capability
Choose the Personal or Business/Corporate application and complete the digital onboarding process.
Current fees, account terms and transaction instructions govern each approved account and KTT service.