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Perfect for sending money overseas to your loved ones or for business, TT is a safe method to transfer funds electronically across the border.

Why choose the Telegraphic Transfers (TT)

It’s a fast and convenient way of transferring funds overseas.

Can be done at any SBM branch or by internet banking.

Low chances of getting affected by exchange rate fluctuations

Quick turnaround time between sending and receiving the cash

Eligibility / Documents Required

  • Duly filled application form
  • Must be an SBM Bank account holder
  • Supporting documents for amounts above Kes. 1 Million

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Rates & Fees

  • Outgoing Telegraphic Transfers – Kes. 1,500


**All fees and charges are subject to 20% excise duty

Telegraphic Transfers (TT)