Business Studies, asked by maheshwarikeerthipri, 11 months ago

define Travellers cheque​

Answers

Answered by Anonymous
14

Hello Mate,

Travellers' cheques are pre-printed, fixed-amount cheques, designed to allow payments from one person to another across currencies. Usually issued by banks, they work as a guarantee of payment. This means the cheque can never 'bounce' when you use it, because you've already paid for it....

Hope this helps you

Answered by Saqibfizaali
8
here is your answer Babes❤❤


a cheque for a fixed amount that may be cashed or used in payment abroad after endorsement by the holder's signature.

I hope it helps uhh✌✌
Similar questions