What is TTS and TTB?

“TTS” stands for Telegraphic Transfer Selling Rate. TTS rates are used when converting yen into foreign currencies. “TTB” stands for Telegraphic Transfer Buying. TTB rates are used when converting foreign currencies into yen.

What does UFJ stand for in MUFG?

“UFJ” is an abbreviation of “United Financial of Japan”, was formed from a merger of Sanwa Bank and Tokai Bank with the Toyo Trust & Banking Co.

What is TTM rate?

Trailing 12 months (TTM) is the term for the data from the past 12 consecutive months used for reporting financial figures. A company’s trailing 12 months represent its financial performance for a 12-month period; it does not typically represent a fiscal-year ending period.

Is MUFG Union Bank the same as Union Bank?

MUFG Union Bank, N.A. MUFG Union Bank (operating as UnionBank) is an American full-service bank with 398 branches in California, Washington and Oregon which is wholly owned by MUFG Bank.

What is TTR payment terms?

What is “TT Payment”? A bank transfer, otherwise called telegraphic transfer or telex transfer (“T/T”) is the electronic transfer of funds from a buyer/importer to a seller/exporter, via a bank or a similar institution.

Is Union Bank a big bank?

MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MUFG), one of the world’s largest financial organizations with total assets of approximately ¥311.1 trillion (JPY) or $2.8 trillion (USD)*, as of March 31, 2019.

What means TTM?

Trailing 12-month
Key Takeaways. Trailing 12-month, or TTM, refers to the past 12 consecutive months of a company’s performance data used for reporting financial figures.

Why was Union Bank sold?

MUFG Union Bank’s owner, the Japanese banking giant Mitsubishi UFJ Financial Group, is selling its U.S. retail bank to focus more on U.S. corporate and investment banking.