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Traveller’s cheque




What is Traveller’s cheque?

In: G.K Asked By: [54 Blue Star Level]
Answer #1

Traveller’s cheque are issued in pre-printed denomination.TCs are issued to any individuals and the purchaser has to sign on the TCs in the space provided for in the presence of bank officer.Te TCs are an unrestricted validity period.At the time of encashment , purchaser is required to countersign each TC in the presence of branch official.

Answers Answered By: cheman [60 Blue Star Level]
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