{"id":1190,"date":"2023-10-05T12:07:43","date_gmt":"2023-10-05T03:07:43","guid":{"rendered":"https:\/\/bitwallet.com\/?post_type=glossary&#038;p=1190"},"modified":"2024-02-09T11:14:33","modified_gmt":"2024-02-09T02:14:33","slug":"ttb","status":"publish","type":"glossary","link":"https:\/\/bitwallet.com\/en\/support\/glossary\/ttb\/","title":{"rendered":"TTB"},"content":{"rendered":"\n<dl>\n<dt>how to read<\/dt>\n<dd>How to read in Japanese: TTB<\/dd>\n<dt>synonyms<\/dt>\n<dd><\/dd>\n<dt>antonym<\/dt>\n<dd><\/dd>\n<\/dl>\n\n\n\n<p>The TTB (Telegraphic Transfer Buying Rate) is the rate at which financial institutions purchase foreign currencies from customers for foreign currency deposits and other purposes.<\/p>\n\n\n\n<p>A buying rate from the buyer of a foreign currency is a selling rate from the customer&#8217;s point of view. In other words, in foreign currency deposits, it refers to the rate at which foreign currency is converted into Japanese yen.<\/p>\n\n\n\n<p>Banks that exchange currency must charge a commission for the exchange because they have personnel, communication, and other expenses. Therefore, banks generally sell at a lower rate than the standard rate (called TTM).<\/p>\n\n\n\n<p>For example, if TTM is 110 yen per dollar, TTB would be 109 yen per dollar, and so on. Conversely, the rate at which a currency is bought from a bank is called TTS.<\/p>\n\n\n\n<p>Rates such as TTB, TTM, and TTS vary from bank to bank, so choose the most advantageous place to trade.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TTB (Telegraphic Transfer Buying Rate) is the rate at which financial institutions purchase foreign currencies from customers for foreign currency deposits and other purposes.<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"footnotes":""},"genre":[65,68],"initial":[135],"initial-ja":[238,263],"class_list":["post-1190","glossary","type-glossary","status-publish","hentry","genre-genre01","genre-genre04","initial-ini-t","initial-ja-ini-t","initial-ja-ini-ja-te"],"_links":{"self":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":3,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1190\/revisions"}],"predecessor-version":[{"id":3692,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/glossary\/1190\/revisions\/3692"}],"wp:attachment":[{"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/media?parent=1190"}],"wp:term":[{"taxonomy":"genre","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/genre?post=1190"},{"taxonomy":"initial","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/initial?post=1190"},{"taxonomy":"initial-ja","embeddable":true,"href":"https:\/\/bitwallet.com\/en\/wp-json\/wp\/v2\/initial-ja?post=1190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}