Social Sciences, asked by pallesreedharkumar, 5 months ago

how are cheques safer than cash​

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Answered by lakshmanmaiti20
10

Answer:

Traveller's cheques are safer than cash because they can be replaced (usually within 24 hours) if lost or stolen. To protect against fluctuations in exchange rates, buy cheques denominated in the country's currency. These cheques are available in most currencies and can be spent just like cash.

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Answered by Anonymous
3

Answer:

These can be used for emergencies if you can't find a functioning ATM or a secure alternative to cash. Traveller's cheques are safer than cash because they can be replaced (usually within 24 hours) if lost or stolen. To protect against fluctuations in exchange rates, buy cheques denominated in the country's currency.

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