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Telex
remains one of the most reliable, universally available forms of electronic
data communication, with approximately one million users worldwide. Today,
many thousands of Telex messages are exchanged hourly, securing business
transactions throughout the globe. By operating within its own physical
network, Telex provides a legal and secure transmission standard, regardless
of origin or destination. Still leading the way in the Global Telex market
are the Finance, Shipping, Oil and Gas industries.
Within finance, Telex still remains a medium for transferring and confirming
trading instructions. Although the primary medium for electronic data
communication within the banking community is now SWIFT, there are still
many banks that are are not connected to the SWIFT network. Furthermore, in
the event of a disaster normal trading can still continue via Telex if it is
kept as a back up to SWIFT.
Shipping companies still use Telex as a method of communication with vessels
at sea and for various methods of general trading. Although Email and Fax is
used widely in the shipping industry, there are still many shipping
organizations where Telex is primary means of communications.
Sidereal
offers many connection options to the Telex network for sending and
receiving, including dial-up and ip.
Click here to see the Telex rate and country
schedule.
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